ST. LOUIS-Amdocs Ltd., a provider of billing and related information systems to telecommunications carriers, has registered with the Securities and Exchange Commission for a secondary offering of 20 million shares of its common stock, which trades on the New York Stock Exchange.
Of the total planned sale, 18 million shares are to be sold by insiders, including Welsh, Carson, Anderson & Stowe, SBC International Inc. and Amdocs International Ltd., a private investment company. These principal shareholders will retain at least 80 percent of their current stake in the company after the sale.
