Tumi Holdings, Inc. (NYSE: TUMI), the leading global brand of premium travel, business and lifestyle products and accessories, today announced that certain existing stockholders are offering 10.1 million shares of Tumi common stock in an underwritten offering, subject to market and other conditions. Tumi will not receive any proceeds from the offering. In connection with the offering, certain of the selling stockholders have granted the underwriters an option to purchase up to approximately 1.5 million additional shares.
Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC, along with J.P. Morgan Securities LLC, are acting as joint bookrunning managers, and William Blair & Company, L.L.C. and Jefferies & Company, Inc. are acting as co-managers for the offering. When available, copies of the preliminary prospectus related to this offering may be obtained from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: 1-866-471-2526, Facsimile: 1-212-902-9316 or by emailing email@example.com or Credit Suisse Securities (USA) LLC at One Madison Avenue, New York, New York 10010, Attn: Prospectus Department, or by calling 1-800-221-1037.
A registration statement on Form S-1 relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About TumiTumi is the leading global brand of premium travel, business and lifestyle products and accessories. The brand is sold in approximately 200 stores from New York to Paris to London and Tokyo, as well as in the world's top department, specialty, and travel retail stores in over 70 countries.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts