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RSS FeedsDenny`s Corporation Announces Pricing of Offering of 8,000,000 Shares of Common Stock
(WorldNews Mexico)

 
 

1 july 2020 17:22:49

 
Denny`s Corporation Announces Pricing of Offering of 8,000,000 Shares of Common Stock
(WorldNews Mexico)
 


SPARTANBURG, S.C., July 01, 2020 (GLOBE NEWSWIRE) -- Denny`s Corporation (NASDAQ: DENN) (`Denny`s` or the `Company`), franchisor and operator of one of America`s largest franchised full-service restaurant chains, today announced that it has priced its underwritten public offering of 8,000,000 shares of its common stock, $0.01 par value (`Common Stock`), at a public offering price of $9.15 per share of Common Stock. In addition, Denny`s granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of Common Stock. The offering is expected to close on July 6, 2020, subject to customary closing conditions. Denny`s expects to receive net proceeds of approximately...


 
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