09-Nov-2010 3:27 PM
Republic Airways announces share offer; GOL yield up 10.4%; Jazz Air income fund slips
Analysis
Republic Airways Holdings (-13.9%) slumped on Monday (08-Nov-2010) after the carrier announced it intends to offer 12 million shares of its common stock in an underwritten public offering. In addition, the company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of shares sold.
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