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

|About: Unitil Corporation (UTL)|By:, SA News Editor

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.