Wednesday, June 13, 2007

BioFuel sees IPO of 5.25 mln shares at $10.50/shr

(Reuters) - In a regulatory filing, BioFuel said it will also sell 4.25
million shares in a private placement directly to affiliates of
Greenlight Capital Inc., Third Point LLC and its chairman,
Thomas Edelman.




The 5.25 million shares being offered represents a decrease
from the 9.5 million shares it indicated in its preliminary
prospectus, the company said.


Read more at Reuters.com Government Filings News

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