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Stock impact report

VSE Corporation prices $142M stock offering at $87 per share [Seeking Alpha]

VSE Corporation (VSEC) 
US:NASDAQ Investor Relations: ir.vsecorp.com
Company Research Source: Seeking Alpha
Underwriters have a 30-day option to purchase up to an additional 258,620 shares. The offering is expected to close on October 17, 2024. Net proceeds are expected to be ~$142.5M and a portion of it will be used to finance a portion of the cash consideration for its previously announced acquisition of Kellstrom Aerospace Group. The stock price traded 1.1% lower on Wednesday during pre-market hours of trading. More on VSE VSE Corporation: Capitalizing On Aviation Demand And Robust Aftermarket Growth (Rating Upgrade) VSE Corporation (VSEC) Q2 2024 Earnings Call Transcript VSE announces acquisition of Kellstrom Aerospace VSE names Adam Cohn as its CFO Seeking Alpha's Quant Rating on VSE Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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