BERWYN, Pa.-Triton PCS Holdings Inc. announced a planned 6 million-share secondary offering of common stock under its previously filed shelf registration.
The secondary offering will include 6 million shares from current institutional shareholders, with the underwriters granted an over allotment option of 900,000 additional shares in connection with the offering. Triton said it would not receive any proceeds from the offering.
Salomon Smith Barney is a co-lead manager and sole bookmaker for the offering and Morgan Stanley Dean Witter will act as a joint lead manager.
