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The Dolan Company DOLN
Posted On: 01/24/2013 6:01:52 PM
Post# of 20
Posted By: Serial Investor
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 24, 2013--
The Dolan Company (NYSE: DM), a leading provider of professional
services and business information to the legal, financial and real
estate sectors in the United States, today announced that it has priced
an underwritten public offering of its 8.5% Series B Cumulative
Preferred Stock (the “Series B Preferred Stock”) at a public offering
price of $23.00 per share. Gross proceeds to the company are expected to
be approximately $16.1 million. The company plans to use the net
proceeds from the offering to repay borrowings outstanding under its
credit facility. MLV & Co. LLC is acti...

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