OPCH - Option Care Health announces secondary offering by Walgreens' affiliate
- Option Care Health ( NASDAQ: OPCH ) on Wednesday announced that an affiliate of Walgreens has agreed to sell 13 million shares of the company’s common stock in an underwritten secondary offering.
- The company will not receive any proceeds from the offering.
- Goldman Sachs is acting as the sole underwriter for the offering.
- Additionally, the company entered into an agreement to concurrently repurchase shares from the selling stockholder equal to about $75 million.
- The price per share will be equal to the price at which the underwriter will purchase the shares from the selling stockholder.
- Press Release .
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Option Care Health announces secondary offering by Walgreens' affiliate