The Stars Group prices share offering [Seeking Alpha]
THE STARS GROUP INC (TSG)
Last the stars group inc earnings: 2/27 02:00 am
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US:NYSE Investor Relations:
starsgroup.com/the-stars-group/investor-relations/financial-and-corporate-information
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Source: Seeking Alpha
The Stars Group prices share offeringThe Stars Group (NASDAQ:TSG) prices its 25M-share offering at $38.00 per share.The underwriters have agreed to purchase 17M shares from the company and 8M shares from certain shareholders. The net proceeds are expected to be ~$622M.The offering is expected to close on June 26.Stars Group says it will use the funds together with debt financing and cash on hand to fund the previously announced acquisition of Sky Betting & Gaming.TSG-0.26% premarket to $38.80.Source:Press ReleaseClick to subscribe to real-time analytics on TSGNow read:Hain Celestial +7% with action on its protein business auction »
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