United States: Alliance Financial withdraws common stock offering.Byline: babalu03 Alliance Financial Corporation, the holding company for Alliance Bank, has withdrawn its public offering of approximately $25 million in common stock due to market conditions. Alliance said that as a result of the current market conditions, the potential pricing for its previously proposed opportunistic opportunistic /op·por·tu·nis·tic/ (op?er-tldbomacn-is´tik) 1. denoting a microorganism which does not ordinarily cause disease but becomes pathogenic under certain circumstances. 2. stock offering did not meet the company's criteria and was not at a level that was in the best interests of its current shareholders. Jack Webb
John Randolph "Jack" Webb (April 2 1920 – December 23 1982) was an American actor, television producer, director and writer who is most famous for his role as Sergeant Joe Friday in the , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alliance, said: "While the offering was well received, we remain focused on enhancing shareholder value and disciplined in implementing our strategic objectives, and therefore feel it is in the best interests of our shareholders to withdraw the offering at this time." Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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