Reported Earlier, Broadstone Net Lease Prices Public Offering Of 11M Shares At $20.50 Per Share Via Forward Sale Agreements
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Why It Matters
Broadstone Net Lease is selling 11 million new shares of its stock at $20.50 each to raise money. When a company sells new shares, it can use that cash for business needs, but it also means each old share owner owns a slightly smaller piece of the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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