Market Overview

DiamondRock Hospitality Company Announces Public Follow-on Offering of 20,000,000 Shares of Common Stock

Share:

DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that it plans to sell 20,000,000 shares of its common stock in an underwritten public offering pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission.  The underwriter will be granted a 30-day option to purchase up to an additional 3,000,000 shares of common stock. 

Posted-In: News Offerings

 

Related Articles (DRH)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→