ARLINGTON, Va., May 21, 2013 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) today announced the commencement of a modified "Dutch auction" tender offer to purchase up to 1.25 million shares, or about 10.6%, of its outstanding common stock, at a price of not less than $22.50 and not more than $23.50 per share. The tender offer will expire at 12:00 midnight, New York City time, on June 18, 2013, unless extended.
FBR Commences Self Tender Offer To Purchase Up To 1.25 Million Shares
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