Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 08-06-2020 | Practice Area: | Equity Capital Markets |
| Deal Title: | Werner Enterprises, Inc. Secondary Offering of Common Stock | Industry: | Industrial Transportation |
| Description: |
Davis Polk advised the representative of the several underwriters in connection with an underwritten secondary offering of 14,130,523 shares of common stock of Werner Enterprises, Inc. by the Clarence L. Werner Revocable Trust for gross proceeds of USD579 million. Included in the shares were 1,284,593 shares sold by the selling shareholder pursuant to the underwriters' exercise in full of their option to purchase additional shares. Werner's common stock was listed on the Nasdaq Global Select Market under the symbol WERN.
Werner Enterprises, Inc. is a transportation and logistics company engaged primarily in transporting truckload shipments of general commodities in both interstate and intrastate commerce.
|
||
| Financial Center: | New York | Value: | 500.01-1000.00 |
| Advised Party: | Underwriter | Law Firm | Davis Polk |
| Issuer Jurisdiction - | United States | Listing Jurisdiction - | United States |
| Classification: |
Secondary Offerings and Placings NASDAQ: |
Lawyer | Richard D Truesdell Jr |
