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REV Group Inc (REVG) has provided an announcement.
As REV Group, Inc. successfully closed its public offering, four board members, including Chairman Paul Bamatter, resigned, following a change in the company’s ownership structure. The offering of over 7 million shares at $18 each was managed by Goldman Sachs and Morgan Stanley, marking a significant financial event for the company, with no internal conflicts reported as the reason for the board members’ departure.
Learn more about REVG stock on TipRanks’ Stock Analysis page.