"The Dark Index"

Shareholders Hugely Oversubscribe LabCorp’s $500 Million Offering

COMMERCIAL LABORATORIES may be regaining favor on Wall Street.

Laboratory Corporation of America’s $500 million convertible stock offering not only sold out, but was over-subscribed by a huge amount.

In addition to the 10 million convertible shares offered, subscription agreements and payments for an additional 3.98 million shares were tendered. Investor response to LabCorp’s offering surprises many

Subscriber-Only Content. Please Log In.

You are trying to access subscribers-only content. If you are a subscriber, please log in.

If you are not a subscriber, click here to see subscription offers.

Subscribers will have instant access to the Dark Report library, 1997 - the present, giving you the most convenient, accessible archive available in laboratory business intelligence today!

To read our FREE article previews, go to The Dark Report Insider.

Tags: , , , , ,

Enter Your Login Credentials
This setting should only be used on your home or work computer.

×

Send this to friend