CST Brands Announces 13.112M Share Offering by Valero
November 05, 2013 at 07:10 AM EST
CST Brands (NYSE: CST ) announced today the commencement of an underwritten public offering, subject to market conditions, of 13,112,564 shares of its common stock owned by Valero Energy (NYSE: VLO ), the selling stockholder. The underwriters are expected to be granted a 30-day option to purchase up