MIAMI-Let’s Talk Cellular & Wireless Inc. announced that it is offering 2.3 million shares of common stock for $12 per share. The company is offering 2 million shares, and the remainder are being sold by certain shareholders.
Net proceeds will be used to repay outstanding indebtedness and finance expansion. Merrill Lynch & Co. and Salomon Brothers Inc. are the co-managing underwriters of the offering, which is expected to close Dec. 1.
