Skyscraper-newswatch (except CFNO)

Signature Ad

Signature Ad

Sign. Minute Muffler

Skyscraper

Big Box - East Bay Suites

National Sports
Click here to see more
Subscribe

Sports Teams

Poll
Do you make an effort to buy locally produced food?


Total Votes: 32
View Results Past Polls

User Submitted Photo Gallery
Submit Your Own Photos
2012-03-01 at 10:36

Packers sells 268,000 shares, raising $67M

By Dinesh Ramde, The Associated Press
Need Xtra Cash? Visit Xtra Cash!For payday advances and cheque cashing, there's no better option than XTRA CASH! Best rates, no holds, and instant Cash!Click here for full list of services

MILWAUKEE - The Green Bay Packers say they sold more than 268,000 shares in their most recent stock offering, raising $67 million dollars to help fund stadium improvements.

The team said Thursday it added more than 250,000 new shareholders in the latest stock sale — its fifth in team history.

About half of the sales were in Wisconsin. Illinois and California tied for second, each accounting for about 8.5 per cent of sales. Minnesota and Texas were next with 5 per cent each.

Each share cost $250, plus handling fees of $25 in the U.S. and $35 in Canada. The shares are essentially worthless, but holders can call themselves team owners and attend the annual stockholder meeting.

The offering began Dec. 6. Most of the sales came in the first 48 hours.

The Canadian Press
© The Canadian Press, 2014

Click here to report a typo or error

Tbnewswatch.com(0)

iCar

Comments

We've improved our comment system.
Comments for this story are unavailable. Read our comment guideline.

© 2014 Dougall Media.