TomTom “Rights Offer” Pays Off
Remember that TomTom was looking to raise some funds to pay down debt via a few methods? First there was a private placement (securities are sold without a public offering). Then there was a rights offer (a secondary public offering, per Wikipedia).
The sold 96 percent of the shares in the rights offer at 4.21 euros ($5.90) a share.
- Reuters
by Adena Schutzberg on 07/16 at 12:13 PM |
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