Tuesday, September 13, 2011

InterMune prices stock, note offerings, seeks $222 million

InterMune Inc. will sell 4 million shares at $24 each and offer $135 million in convertible senior notes at 2.5 percent, the company said in a Securities and Exchange Commission filing late Tuesday.
The offerings, expected to close around Sept. 19, would net InterMune about $222 million, according to the Brisbane company (NASDAQ: ITMN).

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