MercadoLibre, Inc. Announces Closing of Follow-on Offering
(WorldNews Argentina)

BUENOS AIRES, March 15, 2019 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (NASDAQ: MELI), Latin America`s leading e-commerce technology company, today announced the closing of its previously announced underwritten public offering of approximately US$1.15 billion of common stock at a public offering price of $480 per share, which includes the exercise in full of the underwriters` option to purchase $150 million of additional shares of common stock. The Company today also announced the closing of its $750 million concurrent private offering of common stock to PayPal, and expects...