Teekay Tankers
Teekay Tankers (NYSE:TNK) announced it public offering price for 7.7 million shares of Class A common stock at $12.25 a share, a little over 6 percent lower than it closing price on Monday.
The capital is being raised for the acquisition of three oil tankers from the parent company of Teekay Tankers, Teekay Corp. (NYSE:TK).
The offering is expected to close on April 9.
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