NYSE:BH.AHospitality
Biglari Holdings Adds $500m Shelf To Fuel Growth And Flexibility
Biglari Holdings filed for a $500 million follow on equity offering and shelf registration.
The filing covers the potential issuance of Class A and Class B Common Stock.
The move gives the company flexibility to raise capital over time as conditions allow.
For a company the size of Biglari Holdings, ticker NYSE:BH.A, a $500 million follow on shelf is a meaningful step, particularly with the stock at a current share price of $2,434.13. The filing directly relates to how the company might...