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Provider: Wright Reports
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Artisan Partners Asset Management Inc Prices Offering Of Common Stock

Thursday, 31 Oct 2013 07:15pm EDT 

Artisan Partners Asset Management Inc announced the pricing of a public offering of 4,800,000 shares of Class A common stock at a price to the public of $56.00 per share. The Company has granted the underwriters an option to purchase up to 720,000 additional shares at the public offering price less underwriting discounts and commissions. The offering is expected to close on November 6, 2013. 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. 

Company Quote

0.01 +0.02%
1 Oct 2014