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Stock impact report

Rollins, Inc. Announces Closing of Secondary Public Offering of Common Stock [Yahoo! Finance]

Rollins, Inc. (ROL) 
Last rollins, inc. earnings: 4/29 07:30 am Check Earnings Report
US:NYSE Investor Relations: rollins.com/investor-relations
Company Research Source: Yahoo! Finance
the closing of the previously announced secondary public offering of 17,391,305shares of its common stock, which included 2,608,695 shares sold pursuant to the underwriters' exercise in full of an option (the "Offering"), by LOR, Inc. and Rollins Holding Company, Inc., two of the Company's existing stockholders (together, the "Selling Stockholders"), at a price to the public of $57.50 per share. Rollins did not sell any shares and did not receive any proceeds from the Offering. In connection with the Offering, each of the Selling Stockholders entered into lock-up agreements for a period of 365 days from the pricing date of the Offering, during which time the Selling Stockholders will be restricted from engaging in certain transactions with respect to their shares of the Company's common stock. In addition, the Company completed the repurchase of 3,478,260 of the shares of common stock being offered in the Offering for approximately $200 million at the same per share price paid b Show less Read more
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