Capital Senior Living (CSU) Announces Commencement of Rights Offering
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Capital Senior Living Announces Commencement of Rights Offering
September 10, 2021 4:30 PM EDTDALLAS--(BUSINESS WIRE)-- Capital Senior Living Corporation (NYSE: CSU) (Capital Senior Living or the Company), a leading owner-operator of senior living communities across the United States, announced today that it has commenced its previously announced approximately $70 million common stock rights offering.
Under the rights offering, the Company will distribute to each holder of the Companys common stock one non-transferable right to purchase one share of the Companys common stock at a cash subscription price of $32.00 per share for each share of the Companys common stock held as of 5:00 p.m., New York City... More
