GateHouse Media Prices Second Public Offering Shares At $18.45

By: E&P Staff

GateHouse Media Co. said Wednesday its second public offering of 17 million shares would be priced at $18.45 per share.

Fairport, N.Y.-based GateHouse said the follow-on public offering has Goldman, Sachs & Co.; Wachovia Capital Markets, LLC; and Morgan Stanley & Co. Inc. as joint book running managers, and as representatives for the underwriters of the offering, with Bear, Stearns & Co. Inc., BMO Capital Markets Corp., Allen & Company LLC and Lazard Capital Markets LLC acting as co-managers.

GateHouse (GHS:NYSE) opened at $18.45 as trading began Wednesday.

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