MSCI INC
SymbolMXB

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

MSCI Inc. Announces Pricing of Public Offering of 3.3 Million Shares of its Common Stock

2009-11-05 17:35 ET - News Release


Company Website: http://www.mscibarra.com
NEW YORK -- (Business Wire)

MSCI Inc. (NYSE: MXB) announced today that its previously announced registered public offering of 3.3 million shares of its class A common stock, par value $0.01 per share, priced at $30.85 per share. MSCI Inc. has also granted the underwriter an option to purchase up to 495,000 additional shares of class A common stock to cover over-allotments. The offering is being made in conjunction with MSCI’s inclusion in the S&P MidCap 400 Index on November 5, 2009.

Net proceeds from the offering are expected to be used for general corporate purposes, which may include the funding of strategic acquisitions or the repayment of a portion of MSCI’s credit facility.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.