Prudential Raises $970 Million From Offering
Prudential Financial raised $970 million in net proceeds from a common stock offering last week.
NEW YORK (
) --
Prudential Financial
(PRU) - Get Report
raised $970 million in net proceeds from a common stock offering last week,
, according to a company press release.
Prudential held an offering of more than 18.3 million shares to cover expenses from its $4.2 billion acquisition of
American International Group's
(AIG) - Get Report
AIG Star Life and AIG Edison Life.
--Written by Maria Woehr in New York.
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