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$O priced public offering of 10MM common shares at $46.88 per share and expects the offering to close on Oct. 7. Net proceeds will be about $450MM. $O expects to use the net proceeds to repay borrowings under its $2Bil unsecured revolving credit facility and for other general corporate purposes and working capital, which may include acquisitions.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.