Bag BWP Even Cheaper Than Its Secondary?
Posted on October 08, 2012 at 10:47 AM EDT
Looking back to 4 days ago, Boardwalk Pipeline Partners LP (BWP) priced a 10,000,000 share secondary stock offering at $26.99 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time.