New ETF Book by Larry Connors - Click here to read more
The company expects to close the sale of the shares of common stock on August 19, 2009, subject to customary closing conditions.
The underwriters will have a 30-day option to purchase up to an additional 4.375 million shares of common stock from the company at the public offering price, less underwriters' discounts and commissions.
Sandler O'Neill & Partners LP is acting as the lead book-running manager for the underwritten offering, and Fox-Pitt Kelton Cochran Caronia Waller is acting as the co-manager.
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