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December 16, 2005

E*Trade prices offering, stock

E*Trade prices offering, stock climbs 
Reuters - Nov 17 1:44 PM
The common stock portion, which is expected to generate about $650 million in gross proceeds, is being executed through forward-sale contracts with Morgan Stanley and J.P. Morgan Securities, under which they will borrow and then sell approximately 36 million shares of E*Trade stock at $18 each. Underwriters have an over-allotment option covering up to 3.6 million additional shares. Save to My Web

CORRECTED-E*Trade prices offering 
IWon - Money - Nov 18 10:49 AM
(Corrects the word to "With" from "Without" in seventh paragraph.) NEW YORK (Reuters) - E*Trade Financial Corp. ( ET ) on Thursday said it priced offerings of common stock, senior notes and equity units, raising gross proceeds of about $1.4 billion to finance its purchase of BrownCo from J.P. Morgan Chase & Co. (Save to My Web

Posted by auctionbullet at December 16, 2005 01:19 PM