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May 17, 2013, 11:05 AMTriple-S Management (GTS -4.8%) slides after pricing a secondary offering of 5.4M Class B shares at $18.25, a 4.5% discount to Thursday's close. As part of the Offering, 4,400,368 shares were sold to the public in a conversion from Class A shares, and 1M shares were purchased by the Company. Triple-S will not receive any proceeds from the Offering. | Comment!
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Triple-S Management Corp is engaged in the managed care industry in Puerto Rico. It offers complementary products and services, including life insurance, accident and disability insurance and property and casualty insurance.
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