Reported Earlier, VSE Prices Public Offering Of 2,112,676 Common Stock At $71/share
Portfolio Pulse from Benzinga Newsdesk
VSE Corporation has priced a public offering of 2,112,676 common stock at $71 per share, expecting net proceeds of approximately $141.0 million. The funds will be used to repay borrowings, support future acquisitions, and for general corporate purposes.
May 15, 2024 | 6:18 am
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VSE Corporation has announced a public offering of 2,112,676 common stock at $71 per share, with expected net proceeds of $141.0 million. The proceeds will be used to repay borrowings, support future acquisitions, and for general corporate purposes.
The public offering will provide VSE Corporation with significant capital to repay debt and fund future acquisitions, which could positively impact the company's financial stability and growth prospects.
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