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Unitil Corp. (UTL -3.8%) dips after saying late yesterday it will offer 2.3M shares of common...

  • Wednesday, May 9, 2012, 2:23 PM ET
    Unitil Corp. (UTL -3.8%) dips after saying late yesterday it will offer 2.3M shares of common stock in a secondary offering. The funds raised will enable the utility provider to make capital contributions to it's regulated utility units, pay down debt and help fund general corporate purposes.
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