VSE (VSEC) said late Monday it priced a public offering of 2.4 million common shares at $170 apiece, for expected net proceeds of about $384 million.
Underwriters have a 30-day overallotment option to purchase up to 352,941 additional shares.
The company said it plans to use the net proceeds to fund its acquisition of GenNx/AeroRepair, among other things.
The offering is expected to close Wednesday.
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