ServiceMaster announces new stock offering

The company has filed for 25 million more shares of common stock.

Nearly six months after re-entering the world of publicly traded companies, ServiceMaster Global Holdings has filed a registration statement for 25 million more shares of common stock that will be offered by certain shareholders of the company.

In connection with the offering, the selling stockholders will grant underwriters an option to purchase up to 3.75 million additional shares of common stock. ServiceMaster will not receive any proceeds from the proposed secondary offering.

A preliminary prospectus of the latest offering can be obtained from J.P. Morgan Securities LLC, Credit Suisse Securities LLC, Goldman Sachs & Co. and Morgan Stanley & Co. LLC.

For the full story, on bizjournals.com, click here.

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