Investors Snag MEMP 8.3% Cheaper Than Its Secondary Stock Offering
October 20, 2014 at 13:39 PM EDT
Looking back to 46 days ago, Memorial Production Partners LP (MEMP) priced a 13,000,000 share secondary stock offering at $22.29 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..