Quintiles Transnational Announces Launch Of Secondary Public Offering Of Common Stock
Published: Mar 10, 2014
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Quintiles Transnational Holdings Inc. (“Quintiles”) (NYSE:Q) announced today the launch of a secondary public offering of its common stock. Certain shareholders of Quintiles (the “Selling Shareholders”) are offering for sale to the public 15 million shares of Quintiles’ common stock owned by them. The Selling Shareholders will grant to the underwriters of the secondary offering an option to purchase up to 2.25 million shares of additional common stock. Quintiles is not offering any stock in this transaction and will not receive any proceeds from the sale of the shares by the Selling Shareholders in this offering.
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