Tumi Prices 10.14M Share Secondary Offering at $21.10/Share

Tumi Holdings TUMI today announced the pricing of a secondary offering of 10,140,000 shares of its common stock at $21.10 per share. The selling stockholders, comprised of funds managed by or entities affiliated with Doughty Hanson & Co Managers Limited and certain other stockholders including two of Tumi's executive officers, are offering all of the 10,140,000 shares. The underwriters have a 30-day option to purchase up to an additional 1,521,000 shares from certain selling stockholders. Tumi will not receive any proceeds from the sale of shares by the selling stockholders. Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC, along with J.P. Morgan Securities See full press release