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Artisan Partners Asset Management Inc Announces Commencement Of Public Offering Of 4.8 Million Shares

Monday, 28 Oct 2013 04:43pm EDT 

Artisan Partners Asset Management Inc announced that the commencement of an underwritten public offering of 4,800,000 shares of its Class A common stock. The Company will grant the underwriters a 30-day option to purchase up to an additional 720,000 shares. The Company intends to use all of the net proceeds of this offering to purchase shares of the Company's convertible preferred stock and preferred units of the Company's subsidiary, Artisan Partners Holdings LP, from private equity funds controlled by Hellman & Friedman LLC. Citigroup and Goldman, Sachs & Co. are acting as joint bookrunners for the offering. 

Company Quote

-0.69 -1.65%
28 Aug 2015