- B&G Foods (NYSE:BGS) announces that it has priced its offering of 3.75M shares at $49.00 per share.
- The offering is expected to close on August 12.
- In connection with the offering, B&G Foods has granted the underwriters an option for a period of 30 days to purchase up to an additional 550K shares.
- B&G Foods says it intends to use the net proceeds from the offering for general corporate purposes, which could include repayment of long term debt or possible acquisitions.
- Source: Press Release
- BGS -3.84% premarket to $49.13.