Blue Bird Corp (BLBD) has released an update.
Blue Bird Corporation struck a deal on February 15, 2024, with multiple parties including School Bus Holdings Inc. and Barclays Capital Inc., to facilitate a Selling Shareholder’s disposal of over 4 million shares at $32.90 each. While the transaction concluded on February 21, the company itself didn’t sell any shares or gain proceeds from this event. The sale was part of an offering outlined in a prospectus supplement related to a registration statement filed back in December 2021. The agreement featured standard terms for such transactions, including indemnity and contribution obligations.
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