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Safe Bulkers (SB) -8.1% AH after announcing a 5M share stock offering, good for proceeds of...
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Monday, March 12, 2012, 5:35 PM ETSafe Bulkers (SB) -8.1% AH after announcing a 5M share stock offering, good for proceeds of $35.8M based on today's close. The Greek dry bulk shipper plans to use the proceeds for vessel acquisitions, capex, and "general corporate purposes," which could include paying down debt.
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