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Stock Market & Financial Investment News

News Breaks
March 27, 2013
18:05 EDTBXCBlueLinx announces expiration of $40M rights offering
BlueLinx Holdings announced the expiration of the subscription period for its previously announced $40M rights offering. The subscription period for the rights offering expired at 5:00 pm ET. The rights offering was over subscribed and, as a result, BlueLinx expects to receive net proceeds of approximately $38.7M from the offering. Following the issuance of the newly subscribed shares BlueLinx will have approximately 86.6M total shares outstanding.
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