Reported Earlier, American Savings Bank Prices Upsized Initial Public Offering Of 8,057,240 Common Shares by Selling Stockholders At $16.00 Per Share
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Why It Matters
American Savings Bank sold more shares to the public at $16 each. This shows existing owners wanted to cash out some of their stakes.
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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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