United Airlines Files to Sell 39.25 Million Shares
United Airlines Files to Sell 39.25 Million Shares 1After markets closed Tuesday, United Airlines Holdings (NASDAQ:UAL) filed to raise about $1 billion in a secondary offering designed to help fortify its balance sheet. The airline said it would sell 39.25 million shares, with underwriters Morgan Stanley and Barclays retaining an option to purchase an additional 3.925 million shares. The price …
News story posted on 2020-04-21T21:51:00.0000000Z