| Park National Corporation has entered into agreements with institutional investors for a direct sale of an aggregate 500,000 common shares and warrants. Gross proceeds from the sale of the common shares and warrants total $30.8M or $61.59 per share. Park's closing stock price was $61.59 per share on October 26, 2009 and $61.70 on October 27, 2009. The closing of the offering is expected to take place on November 2, 2009. :theflyonthewall.com |
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