Thursday, March 23, 2006

Austin's Broadwing Seeks $36M in Stock Sale




Via The Austin Business Journal.

Broadwing Corp. plans to sell 3 million shares of its common stock in a private placement.

Broadwing, based in Austin, hopes to raise $36 million at $12 per share. The company says it will use $34 million of that for general corporate purposes.

More here.

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