THL and Arvida's shares back after bookbuilds
UPDATE: Tourism Holdings bookbuild complete at a 48c premium
UPDATE: Tourism Holdings has completed the shortfall bookbuild of its rights offer. The clearing price of $3.88 is a 48c premium to the offer price of $3.40.
Investors who were unable or chose not to partake in the offer will receive 48c for each share they were entitled to.
As an example,
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