Veritiv Announces Pricing of Secondary Offering of Common Stock
Veritiv Announces Pricing of Secondary Offering of Common Stock |
[20-September-2018] |
ATLANTA, Sept. 20, 2018 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV) today announced the pricing of an underwritten public offering of 1,500,000 shares of its common stock by UWW Holdings, LLC, one of its existing stockholders and the former parent company of Unisource Worldwide, Inc. Morgan Stanley & Co. LLC is acting as the sole underwriter of the offering. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling stockholder. Subject to the satisfaction of customary conditions, the offering is expected to close on September 25, 2018. The underwriter proposes to offer the Company's common stock from time to time for sale in one or more transactions on the New York Stock Exchange (the "NYSE"), in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. A registration statement (including prospectus) relating to these securities was filed with and declared effective by the Securities and Exchange Commission (the "SEC"). Information about the offering is available in the prospectus supplement to be filed by the Company with the SEC. When available, copies of the prospectus supplement and the accompanying prospectus relating to the offering may be obtained by contacting Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014. The offering of these securities is being made solely by means of a prospectus supplement and the accompanying prospectus. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Veritiv Safe Harbor Provision
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Company Codes: NYSE:VRTV |
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