<p> Roundy’s is selling approximately 8.8 million shares of its common stock for “general corporate purposes,” which includes expenses related to the acquisition of 11 former Dominick’s stores in Chicago, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> The company will be offering just over 2.9 million shares of its common stock, and certain selling stockholders will offer over 5.8 million shares of the company’s common stock. Underwriters will be allowed a 30-day option to purchase an addition 1.3 million shares of common stock from the selling stockholders, all at the offering price less the underwriting discount.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> According to Milwaukee Business Journal, Roundy’s stock closed Friday at $8.48 per share, only two cents off from the initial public offering. The company estimates that it would receive $23.1 million in net proceeds after expenses if that sale happened at that price.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> The joint bookrunning managers in charge of the offering include Credit Suisse and J.P. Morgan, along with BofA Merrill Lynch and BMO Capital Markets.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://phx.corporate-ir.net/phoenix.zhtml?c=251227&p=irol-IRHome" target="_new"> Roundy’s </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://www.bizjournals.com/milwaukee/news/2014/02/03/roundys-to-sell-additional-stock.html" target="_new"> Milwaukee Business Journal </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
