03:38 PM EST - K-Bro Linen Inc. : announced the closing of its previously announced offering of 839,500 common shares of K-Bro, which includes the exercise in full of an over-allotment option granted by K-Bro to the Underwriters, at a price of $41.50 per Share for gross proceeds of $34,839,250. The Offering was conducted on a bought-deal basis by a syndicate of underwriters led by TD Securities Inc. K-Bro Linen Inc.
shares T.KBL are trading down $1.52 at $42.50.
