This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Pinnacle Foods Inc. Announces Secondary Offering Of 17 Million Shares Of Common Stock

PARSIPPANY, N.J., Dec. 9, 2013 /PRNewswire/ -- Pinnacle Foods Inc. (NYSE: PF) today announced that certain of its stockholders have commenced a secondary offering of 17 million shares of its common stock, pursuant to a registration statement filed with the Securities and Exchange Commission. In addition, the underwriters will have an option to purchase up to an additional 2.55 million shares from the selling stockholders.     

The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by Pinnacle. Subject to market conditions, Pinnacle expects the offering to be completed in the fourth quarter of 2013.

Barclays, BofA Merrill Lynch, Deutsche Bank Securities, Credit Suisse, Goldman, Sachs & Co. and Morgan Stanley are acting as joint bookrunning managers for the offering.  Piper Jaffray, Macquarie Capital, Stifel, Stephens Inc., BMO Capital Markets, C.L. King & Associates and Janney Montgomery Scott are acting as co-managers for the offering.

The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from Barclays at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 888-603-5847 or by email at barclaysprospectus@broadridge.com, BofA Merrill Lynch at 222 Broadway, New York, NY 10038, Attn: Prospectus Department or by email at dg.prospectus_requests@baml.com, Deutsche Bank Securities Inc., Attention: Prospectus Department, Harborside Financial Center, 100 Plaza One, Floor 2, Jersey City, NJ 07311-3988, or by telephone at 800-503-4611 or by email at prospectus.cpdg@db.com, Credit Suisse at c/o Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010 or by telephone at 1-800-221-1037 or by email at newyork.prospectus@credit-suisse.com, Goldman, Sachs & Co. at Prospectus Department, 200 West Street, New York, NY 10282 or by telephone at 866-471-2526 or by facsimile at 212-902-9316 or by email at prospectus-ny@ny.email.gs.com and Morgan Stanley at Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014 or by telephone at 866-718-1649 or by email at prospectus@morganstanley.com.

The securities referenced above may not be sold and offers to buy may not be accepted prior to the time the registration statement relating to the offering of such securities becomes effective. This media release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of such 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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,757.91 +138.40 0.79%
S&P 500 2,077.42 +14.31 0.69%
NASDAQ 5,013.1230 +26.2560 0.53%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs