Seneca Foods Corporation has announced a secondary offering by certain of the company’s shareholders of 3,702,000 shares of Class A common stock.
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The offering includes an option for the underwriters to purchase up to 554,332 additional shares from the selling shareholders to cover overallotments, if any.
The offering is being conducted as a public offering. Merrill Lynch is sole book-running manager and Piper Jaffray & Co is joint lead manager of the offering.
Seneca Foods will not receive any of the proceeds from this offering.
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