Prudential Issues $1B In Stock To Fund AIG Deal
Newark, N.J.-based Prudential sold over 18.3 million shares of common stock at $54.50 per share. The underwriters of the offering will have the option to purchase an additional block of nearly 2.8 million shares of Prudential common stock.
The transaction is expected to close Wednesday, Prudential said.
Prudential stock closed Friday...
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