24/7 Wall St.
06-06-2008, 08:50 AM
24/7 Wall St. Daily News
PrivateBancorp, Inc. (NASDAQ: PVTB) has announced that it increased the size of its secondary offering to a proposed 4 million shares and it priced the secondary offering at $34.00 per share. As far as underwriters, Keefe Bruyette & Woods acted as sole book manager, with Robert W. Baird as co-lead manager. Co-managers are listed as William Blair and SunTrust Robinson Humphrey. Underwriters have also been given a 30-day over-allotment option for up to 600,000 shares. Shares closed at $35.21 yesterday, so this represents a discounting of about 3.5%. Shares were at $38.00 just 5 days ago and its 52-week trading... http://feeds.feedburner.com/~f/typepad/RyNm?i=ajLnKI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=ajLnKI) http://feeds.feedburner.com/~f/typepad/RyNm?i=X9jQpI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=X9jQpI) http://feeds.feedburner.com/~f/typepad/RyNm?i=KSCtmi</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=KSCtmi)
complete story here... (http://www.247wallst.com/2008/06/privatebancorp.html)
PrivateBancorp, Inc. (NASDAQ: PVTB) has announced that it increased the size of its secondary offering to a proposed 4 million shares and it priced the secondary offering at $34.00 per share. As far as underwriters, Keefe Bruyette & Woods acted as sole book manager, with Robert W. Baird as co-lead manager. Co-managers are listed as William Blair and SunTrust Robinson Humphrey. Underwriters have also been given a 30-day over-allotment option for up to 600,000 shares. Shares closed at $35.21 yesterday, so this represents a discounting of about 3.5%. Shares were at $38.00 just 5 days ago and its 52-week trading... http://feeds.feedburner.com/~f/typepad/RyNm?i=ajLnKI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=ajLnKI) http://feeds.feedburner.com/~f/typepad/RyNm?i=X9jQpI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=X9jQpI) http://feeds.feedburner.com/~f/typepad/RyNm?i=KSCtmi</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=KSCtmi)
complete story here... (http://www.247wallst.com/2008/06/privatebancorp.html)