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Enterprise Products Partners L.P. Message Board

  • lnhirst Sep 24, 2012 5:30 PM Flag

    Question regarding secondary offering of 8 million shares

    I am not familiar with secondary offerings in the natural gas industry. I am invested in several mREITs and am used to what is termed "SPOs". I guess that they are virtually the same thing, My primary question is this: With a secondary offering of 8 million shares on a stock that normally only trades about 900,000 shares a day, what is the typical time frame to complete a secondary of this size for EPD? Historically, this stock has done quite well in the month of October. Does EPD typically do a secondary at this time of year? Thank you very much in advance for any feedback.

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26.87+0.59(+2.25%)Oct 26 4:01 PMEDT