WESTMONT, Ill.—Aftermarket Technology Corp. announced it will sell 2.4 million shares of its common stock to an underwriters group led by Morgan Stanley, Merrill Lynch & Co. and Wachovia Securities.
The shares will be sold to the public at $16.50 per share. The underwriters also have a 30-day option to purchase up to 360,000 shares to cover any over-allotments. The company expects the public offering to be completed on Friday March 8.