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Article: Horsehead Holding Corp. Announces the Successful Completion of Its Common Stock Offering, Including the Full Exercise of the Underwriters' Over-allotment Option.
- Article from:
- PR Newswire
- Article date:
- September 16, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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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PITTSBURGH, Sept. 16 /PRNewswire-FirstCall/ -- Horsehead Holding Corp. , the parent company of Horsehead Corporation and a leading U.S. zinc producer and recycler of hazardous waste, today announced the successful completion of its previously announced underwritten public offering of 8,050,000 shares of common stock at $10.50 per share, including 1,050,000 shares sold pursuant to the underwriters' exercise of their over-allotment option to purchase additional shares.
The Company received approximately $79.8 million in net proceeds from the offering, after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use ...