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Street research for Erickson Air-Crane expected on May 21

Posted
5/16/2012 7:00:00 AM
By: Renaissance Capital
Referenced Stocks:EAC

Street research for Erickson Air-Crane, which provides aerial firefighting and timber harvesting service on heavy-lift helicopters, is expected to be released on 5/21/12. On 4/10/12, the company raised $38.4 million by offering 4,800,000 shares at $8.00, the low end of the range of $8.00 to $9.00. Stifel Nicolaus Weisel, Oppenheimer and Lazard acted as joint bookrunners on the deal.