From Earlier: IHS Announces Pricing of Secondary Public Offering of 8.7M Shares at $100
IHS Inc. (NYSE: IHS) yesterday announced that an existing stockholder, Conscientia Investment Limited, has priced a secondary public offering of 8,695,653 shares of IHS's Class A common stock at $100.00 per share, before deducting the underwriting discount. The selling stockholder has also granted the underwriter a 30-day option to purchase up to an additional 1,304,347 shares. IHS will not receive any of the proceeds from the sale of shares in the offering.
Goldman, Sachs & Co. is acting as the sole underwriter for the offering.
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