Valley National Bancorp drops 3%, prices $400M offering (NASDAQ:VLY)

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  • Valley National Bancorp (NASDAQ:VLY) priced a public offering of ~42.78M shares at a public offering price of $9.35 per share, for aggregate gross proceeds of $400M.
  • Underwriters have a 30-day option to purchase up to an additional ~6.42M shares.
  • The



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