Investors Land SXL 9.8% Cheaper Than Its Secondary Stock Offering
January 05, 2017 at 14:05 PM EST
Looking back to 101 days ago, Sunoco Logistics Partners LP (SXL) priced a 21,000,000 share secondary stock offering at $27.00 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..