- Dubai Struggles to Ease Debt Fears; Investors Rattled
- US Dollar Falls to 14-Year Low Against the Yen
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Lloyds Gets OK for Record $22.5 Billion Rights Issue
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Car insurance scofflaws raise health mandate doubt
- Peach farmers block Greek highway
- Perry leads Texas GOP fight against climate bill
- Robotic hamsters are holidays' unlikely new craze
- Bookstore chain Borders UK appoints administrators
- Tommy Hilfiger's estate in Conn. sells for $20M
- Repsol says it will invest $1.5 billion in Bolivia
- Belgium reluctant to renew GM loan offer
- Business software firm RedPrairie files for IPO
Central European Distribution prices stock offer
Text Size 
BALA CYNWYD, Pa. - Central European Distribution Corp. late Wednesday priced its public offer of nearly 10.3 million shares of its common stock at $31 per share, slightly below the stock's closing price of $31.78.
After the announcement, shares of the beer and spirits importer and distributor fell $1.64, or 5.2 percent, to $30.14 in opening trading Thursday
The underwriters will have the option to buy an additional 1 million shares to cover any overallotments in the offering, which is expected to close around Tuesday.
Jefferies & Co. and UniCredit are joint book-running managers.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
Data is a real-time snapshot *Data is delayed at least 15 minutes