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Article: CVR Energy Announces Secondary Public Offering of 7,376,264 Shares of Common Stock.
- Article from:
- PR Newswire
- Article date:
- November 5, 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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SUGAR LAND, Texas, Nov. 5 /PRNewswire-FirstCall/ -- CVR Energy, Inc. today announced that one of its stockholders has commenced a registered underwritten public offering of 7,376,264 shares of CVR Energy's common stock.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071203/CVRLOGO)
The selling stockholder, an affiliate of Goldman, Sachs & Co., currently owns approximately 36 percent of CVR Energy's outstanding common stock and following the offering will continue to own approximately 28 percent of CVR Energy's outstanding common stock. The company will not receive any of the proceeds of the offering.
Deutsche Bank Securities is acting as the ...