Susser Holdings Announces Public Offering of 3.5M Shares
Susser Holdings Corporation (NASDAQ: SUSS) today announced that it has commenced an underwritten public offering of approximately 3.5 million shares of its common stock. In connection with the offering, Susser will grant the underwriters an option to purchase up to 525,000 additional shares.
Susser intends to use the net proceeds from this offering for growth capital for new store development and general corporate purposes which may include opportunistic debt reduction, from time to time, based on market conditions.
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