The deal priced at low end of $54.25-$56.25 range. Morgan Stanley is acting as sole book running manager for the offering.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FOX:
- Fox Corp. 16.927M share Spot Secondary; price range $54.25-$56.25
- Fox Corp. announces resolution of Murdoch Family Trust matter
- News Corp. announces resolution of Murdoch Family Trust matter
- Fox Corp. announces offering of 16.93M shares of common stock for holders
- Fox Corp. price target raised to $70 from $66 at Wells Fargo