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Casino operator Wynn Resorts (WYNN Quote) priced a public offering of 3.75 million new shares at $158 each. The offering is expected to close on Oct. 3.
In connection with the offering, Wynn has granted Deutsche Bank Securities, the underwriter, an option to purchase up to an additional 562,500 shares to cover any overallotments. Shares of Wynn were losing 5.8% to $157.35.
Herman Miller (MLHR Quote), a maker of office furniture, said its board has expanded the company's stock repurchase program by $300 million, in addition to the approximately $73 million remaining from a previous program. ...
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