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Watsco announces pricing of secondary offering of its common stock

Feb. 24, 2017 11:50 AM ETWatsco, Inc. (WSO) StockBy: Niloofer Shaikh, SA News Editor
  • Watsco (NYSE:WSO -3.4%) announced the pricing of the offering by certain subsidiaries of United Technologies Corp. of 4,235,685 shares of the Company’s Common stock at a price to the public of $144.00 per share.
  • The selling shareholders will receive all of the proceeds of this offering. No shares are being sold by Watsco.
  • The offering is expected to close on February 28, 2017, subject to customary closing conditions.
  • Goldman, Sachs & Co. and Baird are acting as joint book-running managers for the offering.
  • Press Release

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