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Conseco offers 45M shares of common stock
11 hours ago ago from U.S. News
Conseco offers 45M shares of common stock CARMEL, Ind. (AP) -- Insurer Conseco Inc. said Monday it is offering 45 million shares of common stock to help pay down debt and for corporate purposes. The company plans to use $150 million plus half of the net proceeds of more than $200 million to repay debt. The rest of the net proceeds will go to general corporate purposes, Conseco said. The company plans to grant the underwriters a 30-day ...
Related contentMovers roundup: Waste Services, GTx
11 hours ago ago from U.S. News
Movers roundup: Waste Services, GTx Among the stock activity stories for Monday, Dec. 14, from AP Financial News: NEW YORK (AP) - Shares of Waste Services Inc. and IESI-BFC climbed after an analyst upgraded the waste disposal companies, citing a favorable view of their planned merger announced last month. SAN FRANCISCO (AP) - Shares of drug developer GTx Inc. fell after a Friday announcement that it would cut 28 percent of its work force ...
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