Party City discloses secondary offering

|About: Party City Holdco, Inc. (PRTY)|By:, SA News Editor

Party City (NYSE:PRTY) announces a secondary offering of 10M shares on the behalf of selling shareholders.

The company won't receive any of the proceeds from the sale.

Following the offering, Party City plans to buy back 2.5M shares from the underwriter.

Source: Press Release

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