{"id":382318,"date":"2020-11-16T16:37:28","date_gmt":"2020-11-16T21:37:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=382318"},"modified":"2020-11-16T16:37:28","modified_gmt":"2020-11-16T21:37:28","slug":"veritiv-announces-proposed-secondary-offering-of-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/veritiv-announces-proposed-secondary-offering-of-common-stock\/","title":{"rendered":"Veritiv Announces Proposed Secondary Offering of Common Stock"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n ATLANTA<\/span>, Nov. 16, 2020<\/span> \/PRNewswire\/ —\u00a0Veritiv Corporation (NYSE: VRTV) (the “Company” or “Veritiv”) today announced an underwritten public offering of 1,400,000 shares of its common stock by UWW Holdings, LLC, one of its existing stockholders and the former parent company of Unisource Worldwide, Inc., subject to market conditions and other factors. Morgan Stanley & Co. LLC is acting as the sole underwriter of the offering. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling stockholder.<\/p>\n

A registration statement (including prospectus) relating to these securities was filed with and declared effective by the Securities and Exchange Commission (the “SEC”). Information about the offering is available in the preliminary prospectus supplement filed by the Company with the SEC today. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering may be obtained by contacting Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York<\/span> 10014.<\/p>\n

The offering of these securities is being made solely by means of a prospectus supplement and the accompanying prospectus. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n

\n About Veritiv<\/b>
\n
Veritiv Corporation (NYSE: VRTV), headquartered in Atlanta<\/span> and a Fortune 500\u00ae<\/sup> company, is a leading North American business-to-business distributor of packaging, facility solutions, print and publishing products and services. Additionally, Veritiv provides logistics and supply chain management solutions. Serving customers in a wide range of industries, Veritiv has distribution centers throughout the U.S., Canada<\/span> and Mexico<\/span>, and team members around the world helping shape the success of its customers. <\/p>\n

\n Safe Harbor Provision<\/b>
\n
Certain statements contained in this press release regarding the proposed offering are “forward-looking statements” subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Where possible, the words “believe,” “expect,” “anticipate,” “continue,” “intend,” “should,” “will,” “would,” “planned,” “estimated,” “potential,” “goal,” “outlook,” “may,” “predicts,” “could,” or the negative of such terms, or other comparable expressions have been used to identify such forward-looking statements. All forward-looking statements reflect only the Company’s current beliefs and assumptions and are based on information currently available to the Company. Accordingly, the statements are subject to significant risks, uncertainties and contingencies, which could cause the actual results to differ materially from those expressed in, or implied by, these statements. Factors that could cause actual results to differ materially from current expectations include risks and other factors described under “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and elsewhere in the Company’s publicly available reports filed with the SEC, which contain a discussion of various factors that may affect the Company’s business or financial results. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or internet service providers.<\/p>\n

\n

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\n \"Veritiv
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\u00a0<\/p>\n

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\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/veritiv-announces-proposed-secondary-offering-of-common-stock-301174037.html<\/a><\/p>\n

SOURCE Veritiv Corporation<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire ATLANTA, Nov. 16, 2020 \/PRNewswire\/ —\u00a0Veritiv Corporation (NYSE: VRTV) (the “Company” or “Veritiv”) today announced an underwritten public offering of 1,400,000 shares of its common stock by UWW Holdings, LLC, one of its existing stockholders and the former parent company of Unisource Worldwide, Inc., subject to market conditions and other factors. Morgan Stanley & Co. LLC is acting as the sole underwriter of the offering. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling stockholder. A registration statement (including prospectus) relating to these securities was filed with and declared effective by the Securities and Exchange Commission (the “SEC”). Information about … <\/p>\n

Continue reading “Veritiv Announces Proposed Secondary Offering of Common Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-382318","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVeritiv Announces Proposed Secondary Offering of Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/veritiv-announces-proposed-secondary-offering-of-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Veritiv Announces Proposed Secondary Offering of Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ATLANTA, Nov. 16, 2020 \/PRNewswire\/ —\u00a0Veritiv Corporation (NYSE: VRTV) (the “Company” or “Veritiv”) today announced an underwritten public offering of 1,400,000 shares of its common stock by UWW Holdings, LLC, one of its existing stockholders and the former parent company of Unisource Worldwide, Inc., subject to market conditions and other factors. Morgan Stanley & Co. LLC is acting as the sole underwriter of the offering. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling stockholder. A registration statement (including prospectus) relating to these securities was filed with and declared effective by the Securities and Exchange Commission (the “SEC”). 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