Beacon announced the pricing of the previously announced underwritten secondary public offering of 5,218,134 shares of Beacon’s common stock by CD&R Boulder Holdings, L.P., an entity affiliated with Clayton, Dubilier & Rice, LLC. The deal priced below last closing price of $84.21. RBC Capital is acting as sole book running manager for the offering.
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Read More on BECN:
- Beacon price target raised to $122 from $119 at Deutsche Bank
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- Beacon Announces Appointment of Interim Chief Financial Officer
- Beacon sees FY23 diluted EPS (48c)-(42c) may not compare with consensus $7.38
- Beacon sees Q4 EPS $1.42-$1.48, consensus $1.64
