Lakeland Industries (LAKE) To Raise $11.2 Million Private Placement At $10/share

Shares of Lakeland Industries Inc. (LAKE) tumbled 5% in early trade after the company announced that it has entered into a definitive securities purchase agreement to raise approximately $11.2 million in a private placement of common stock sold at a price of $10.00 per share. The company said the proceeds from the financing will be […] View the full post at: Lakeland Industries (LAKE) To Raise $11.2 Million Private Placement At $10/share Related posts: Wells Fargo Needs to Raise $15 bln in New Capital Dodd to Unveil Financial Overhaul Bill Without GOP Support Intel’s Nehalem Chips To Be Known As Intel Core i7