Short Take: PeopleSoft announces stock offering
PeopleSoft announced in a filing that a handful of existing shareholders are offering up 290,645 shares of stock. The company will receive no part of the proceeds from the sale of the shares. Based on Wednesday's closing price of 57-3/4, the offering is valued at about $16.8 million.
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announced in a filing that a handful of existing shareholders are offering up 290,645 shares of
stock. The company will receive no part of the proceeds from the sale of the shares. Based on Wednesday's closing price of 57-3/4, the offering is valued at about $16.8 million.