Fulton Financial Corporation announces closing of $287.5M of common stock - Central Penn Business Journal

Central Penn Business Journal

Media Conglomerate: Gannett

Fulton Financial Corporation announces closing of $287.5M of common stock - Central Penn Business Journal

Lancaster-based Fulton Financial Corporation announced the closing of $287.5 million offering of common stock.  Fulton’s public offering of 19,166,667 shares of its common stock were at a price to the public of $15 per share, which included 2,500,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock.  Deducting underwriting discounts and before deducting transaction expenses…