Ft Lauderdale, Florida 1/22/2010 12:25:00 PM
News / Business

Amag Pharmaceuticals (NASDAQ: AMAG) Prices Public Offering at $48.25 Per Share

Amag Pharmaceuticals Inc. (NASDAQ: AMAG) announced the company has priced a public offering of 3.6 million common shares at $48.25 per share.

 

The biopharmaceutical company said late Wednesday that the offering's size had been increased by 600,000 shares.

 

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Amag gave the underwriters an option to buy up to an additional 540,000 shares to cover any overallotments.

 

The offering is expected to close on Jan. 26.

 

Shares of Amag Pharmaceuticals closed Wednesday at $49.28.

 

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