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Empire also plans to grant the underwriters an option to purchase up to 495,000 shares to cover any over-allotments.
UBS Investment Bank is the sole book-running manager. A.G. Edwards & Sons Inc., Jefferies & Co. Inc. and Stifel, Nicolaus & Co. Inc. are the co-managing underwriters.
Shares (NYSE: EDE) closed Friday at $21.83 and had climbed to $21.88 as of 11:30 this morning.[[In-content Ad]]
While a disruption in international trade has the capacity to hurt local farmers and ranchers, beef producers are having a good go of things at the moment.
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