10.03.2009 16:50 Uhr, Quelle: MacNN

Palm boosts share offering to get $83.9m

Palm today said it would up the number of shares involved in its stock resale plan from 18.5 million shares to just over 23.1 million. Each share will have a going price of $6 and should boost Palm's revenue in the deal from its original $49 million to $83.9 million. Elevation Partners will still get $49 million to buy another 8.2 million shares at the same price as for the public deal.

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