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Triumph Group, Inc.
TGI today announced a public offering of its common stock. The size of the offering is 5,000,000 shares of common stock offered by investment funds and other entities associated with The Carlyle Group. Upon completion of the offering, investment funds associated with The Carlyle Group will own approximately 9.5% of the common stock of Triumph Group.
The offering is expected to close and settle on November 14, 2011. The company will not receive any of the proceeds from the offering of shares by the selling stockholders.
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