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Stock impact report

Ares Management, L.P. Announces Launch of Offering of Common Shares

Ares Management Corporation Class A (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- Ares Management, L.P. (NYSE:ARES) today announced the launch of a public offering of its common shares. Ares is offering for sale to the public approximately 5,000,000 common shares. In addition, a strategic investor of Ares (the “Selling Shareholder”) is offering for sale to the public approximately 10,000,000 common shares. The Selling Shareholder expects to grant to the underwriters of the offering an option to purchase up to approximately 2,250,000 additional common shares. None of Ares’ officers, directors or employees are offering any common shares in this transaction; none of Ares or any of its officers, directors or employees will receive any proceeds from the sale of the common shares by the Selling Shareholder. In connection with the offering, Ares and its directors and executive officers (including its co-founders) and the Selling Shareholder have each agreed to Show less Read more
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