NU Online News Service, Nov. 19, 10:19 a.m. – Clark/Bardes Inc., Barrington, Ill., an executive compensation and benefits consulting firm, says it has settled on a price of $19 per share for its upcoming offering of common stock.
Clark/Bardes hopes to sell 3.15 million new shares, and 475,000 shares held by "certain stockholders." If the offering goes well, the firm will sell 543,750 additional new shares to the underwriters.
Clark/Bardes first announced the possibility that it might sell the stock in October.
The company already has about 13 million shares of common stock outstanding.