12.65 million shares of Prestige Brands to be sold
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- December
- 29
Prestige Brands Holdings Inc., an Irvington company that markets Comet, Murine eye and ear drops, Chloraseptic throat sprays and other products, provided notice that stockholders plan to sell 12.65 million shares of company stock.
The company said in a filing with the U.S. Securities and Exchange Commission that the shares will be offered at an estimated maximum price of $13.12 apiece.
Once the sales are complete, there will be more than 50 million Prestige shares outstanding. The company will not receive any proceeds from the sale. Prestige shares were trading at $13.32, up 16 cents, at 12:20 p.m.
This entry was posted
on Friday, December 29th, 2006 at 1:44 pm by Allan Drury.
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