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Green Bay Packers Offer 30,000 More Shares

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Published: Tuesday, 27 Dec 2011 | 5:57 PM ET
By: AP

The Green Bay Packers have sold nearly 250,000 shares of stock in the team, and will offer 30,000 more shares.

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Green Bay Packers QB Aaron Rodgers

Packers President and CEO Mark Murphy says support for the sale has been "outstanding." The National Football League's only publicly-owned team is selling shares for $250 each, with a $25 handling fee, which means the team has raised about $62 million.

Proceeds will go toward a $143 million expansion of Lambeau Field.

The 2011 Super Bowl champions put the shares on sale on Dec. 6 at packers.com.

Buyers can call themselves NFL owners, though the stock value will not go up and there are no dividends. Stockholders do get voting rights.

Also, they can attend annual meetings where they can meet Packers executives and tour the Packers Hall of Fame.

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The Green Bay Packers football team has sold nearly 250,000 shares of stock in the team and given the "outstanding" demand, they're going to offer 30,000 more shares.

   
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