Seeking Alpha

Kar Auction Services prices 15M share secondary offering

  • KAR Auction Services prices its 15M share secondary offering at $25 per share, nearly in-line with today's closing price.
  • The selling stockholder, KAR Holdings II, LLC, is the sole seller, KAR won't receive any proceeds from the offering.
  • Credit Suisse, Goldman, Sachs and JPMorgan are acting as joint book-running managers.
  • Shares +0.6% AH.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|