Ruby Tuesday (RT) Announces 10 Million Common Share Offering
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Ruby Tuesday, Inc. (NYSE: RT) plans to publicly offer 10,000,000 shares of its common stock. In addition, it intends to grant the underwriters a 30 day option to purchase up to 1,500,000 additional shares to cover over-allotments, if any.
Proceeds will be used to pay down debt.
Wells Fargo Securities and BofA Merrill Lynch are joint book-running managers and SunTrust Robinson Humphrey and Morgan Keegan & Company, Inc. are co-managers of the offering. [SM]
Proceeds will be used to pay down debt.
Wells Fargo Securities and BofA Merrill Lynch are joint book-running managers and SunTrust Robinson Humphrey and Morgan Keegan & Company, Inc. are co-managers of the offering. [SM]
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