BOSTON ( TheStreet) -- Center Bancorp (CNBC) shares are trading lower Wednesday after the bank holding company priced two separate offerings of common stock at a discount to the previous session's closing price.Center Bancorp said it will sell an aggregate of 1.71 million shares of its common stock for net proceeds of approximately $11.4 million. Center said it is offering 1.43 million shares of common stock at $7 per share, with Stifel Nicolaus Weisel as the underwriter. Concurrently, Center is offering 285,000 sshares of common stock to several company directors at $7.50 per share.
Stock Offerings: Center Bancorp
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