Horizon Lines announces IPO Horizon Lines announces IPO
Horizon Lines, a transportation, technology and logistics services company based in Charlotte, N.C., Tuesday announced an initial public offering of 12.5 million shares of its common stock.The shares are being issued and sold by Horizon Lines at $10 per share.
Underwriters have been granted a 30-day option to purchase up to 1.88 million additional shares from Horizon Lines to cover any overallotments.
The offering is being made through an underwriting syndicate led by Goldman, Sachs & Co. and UBS Investment Bank, which are acting as joint book-running managers of the offering. The co-managers are Bear, Stearns & Co. Inc.; Deutsche Bank Securities Inc., and J.P. Morgan Securities Inc.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
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Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now