Wednesday, Jun 29, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Local

Dana Holding Corp. sells 34 million shares

Maumee-based Dana Holding Corp. has announced that it sold 34 million new shares and that its underwriters exercised an option to purchase 5.1 million additional shares of the company's common stock.

In all, the company had net proceeds of $32.6 million. The shares were sold at $6.75 each. The company's stock closed yesterday at $6.74.

The company said it used about half of the proceeds of the stock sale to pay down debt.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…