ARB said Howe Barnes Hoefer & Arnett Inc. will be lead manager in the underwritten public offering, with Wunderlich Securities serving as co-manager.
The purchase price will be determined by agreement of ARB and Howe Barnes at the time of the offering.
The company intends to use net proceeds from the offering for general corporate purposes.
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Call The Bee's Mark Glover, (916) 321-1184.
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