NEW YORK, June 12 (Reuters) - Pacer International Inc. raised $210 million in a new share sale, as investors bet that an upturn in the economy will bode well for its freight and shipping businesses.
The Concord, California-based company sold 14 million shares for $15 each, in line with an expected selling price range of $15 to $17, said Credit Suisse First Boston , the investment bank that managed the sale.
Pacer is one of country's largest truck brokers, and has a 25 ...
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