YOUR BUSINESS AUTHORITY
Springfield, MO
To cover any over-allotments, the underwriters will purchase 495,000 shares at the public offering price of $20.25. Empire said June 12 it would sell 3.3 million common shares in a public offering.
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.
The stock offering is expected to close today.
Shares (NYSE: EDE) closed Tuesday at $20.64 and had dropped to $20.62 as of 11:30 this morning.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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