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TransUnion sets 16M-share secondary offering from selling stockholders

Sep. 08, 2016 8:11 PM ETTransUnion (TRU) StockBy: Jason Aycock, SA News Editor1 Comment
  • TransUnion (NYSE:TRU) has priced an underwritten secondary offering of 16M shares of common stock.
  • Underwriters have a 30-day option to buy up to 2.4M additional shares. The stock will be sold by certain selling stockholders and offered from time to time on the open market or through negotiated deals, at prevailing market prices or negotiated prices.
  • The company's not selling any shares and won't receive proceeds. BofA Merrill Lynch and Credit Suisse are acting as underwriters.

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