Reported Earlier, CVR Energy Prices Offering Of 10,515,248 Common Shares At $47.55 Per Share; Expects About $490.0M Net Proceeds To Fund Refinery Acquisition
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Why It Matters
CVR Energy is selling new shares to raise money for buying a refinery. When a company sells more shares, each person's piece of the company gets smaller.
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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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