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Stock impact report

Post Holdings and BellRing Brands Announce Pricing of BellRing’s Initial Public Offering

Post Holdings, Inc. (POST) 
Last post holdings, inc. earnings: 2/6 05:00 pm Check Earnings Report
US:NYSE Investor Relations: postholdings.com/investor-relations
Company Research Source: GlobeNewswire
ST. LOUIS, Oct. 16, 2019 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST) (“Post”) and BellRing Brands, Inc. (“BellRing”) today announced the pricing of BellRing’s initial public offering (“IPO”) of 34,285,714 shares of BellRing’s Class A common stock at a price to the public of $14.00 per share (the “IPO price”). In addition, BellRing has granted the underwriters a 30-day option to purchase up to an additional 5,142,857 shares of its Class A common stock at the IPO price, less underwriting discounts and commissions. Upon completion of the offering, Post is expected to own approximately 74% of BellRing, or approximately 71% if the underwriters exercise their option in full. BellRing’s Class A common stock is expected to begin trading on the New York Stock Exchange on October 17, 2019 under the symbol “BRBR”. The offering is expected to close on October 21, 2019, subject to customary closing conditions. Show less Read more
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