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Article: Jackson Hewitt Announces Closing of Public Offering.
- Article from:
- Business Wire
- Article date:
- August 5, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Aug. 5, 1997--Jackson Hewitt Inc. (NASDAQ:JTAX), today announced the closing of a public offering in which 1,322,500 shares of Common Stock were sold by Jackson Hewitt at a public offering price of $21.25 per share. The net proceeds to Jackson Hewitt in the offering were approximately $25.8 million. In the offering, certain shareholders of Jackson Hewitt also sold an aggregate of 178,945 shares of Common Stock at price of $21.25 per share. Janney Montgomery Scott Inc. and Scott & ...