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Stock impact report

Laureate Education Announces Closing of Public Offering by Selling Stockholder

Laureate Education, Inc. (LAUR) 
Last laureate education, inc. earnings: 2/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.laureate.net
Company Research Source: GlobeNewswire
BALTIMORE, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) today announced the closing of an underwritten public offering of 14,087,500 shares of the Company’s Class A common stock by Wengen Alberta, Limited Partnership (the “Selling Stockholder”), the Company’s controlling stockholder, at a price to the public of $14.00 per share.  The closing included the sale by the Selling Stockholder of 1,837,500 additional shares of the Company’s Class A common stock pursuant to the full exercise of the underwriters’ option to purchase additional shares.  The Company did not sell any shares in the offering and did not receive any proceeds from the sale of the shares by the Selling Stockholder. Credit Suisse Securities (USA) LLC, Barclays Capital Inc. and BMO Capital Markets Corp. acted as joint lead book-running managers and representatives of the underwriters. Macquarie Capital (USA) Inc. also acted as a lead book-running manager for the offering.  Citigroup Global Show less Read more
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