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Armstrong World Industries Inc Announces Secondary Public Offering Of Common Shares


Monday, 5 Nov 2012 04:13pm EST 

Armstrong World Industries Inc announced the commencement of a secondary public offering of 5,200,000 common shares held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust and Armor TPG Holdings LLC (together, the Selling Shareholders). The underwriters will have a 30-day option to purchase up to an additional 780,000 common shares from the Selling Shareholders. The Company itself is not selling any shares and will not receive any proceeds from the offering. BofA Merrill Lynch, Barclays, Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan will be the joint book-running managers of the offering. 

Company Quote

53.48
0.18 +0.34%
3:04pm EDT