Investors Bag ETP 11.0% Cheaper Than Its Secondary Stock Offering
November 14, 2017 at 11:11 AM EST
Looking back to 92 days ago, Energy Transfer Partners LP (ETP) priced a 54,000,000 share secondary stock offering at $18.65 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..