Athlon Energy Inc. (NYSE: ATHL) closed a previously announced secondary public offering of 16,100,000 common shares, the company said Feb. 12.
The shares were sold at $32 each, and the offer was upsized to 14,000,000 shares, up from the original 12,000,000, the company said. An underwriters’ option of 2,100,000 shares was included in the 16,000,000 shares, the company said.
The public offering was made by certain selling stockholders affiliated with private-equity firm Apollo Management Holdings LP, the company said.
Athlon did not receive any proceeds from the offering and did ...