3/18/2010-Sandy Spring Bancorp (NASDAQ:SASR) priced its pending sale of at least 6.5 million shares at $13.50 apiece, a 9.5% discount to Wednesday's closing price.
Sandy Spring has about 16.6 million shares outstanding.
Proceeds from the sale will go toward repaying the $83 million that the bancorp received through the Treasury Department's Troubled Asset Relief Program and boosting capital at its Sandy Spring Bank, among other things.
Christie Duffy... you are HOTT!!
TheMEK3 1 year ago