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Ironwood raises $79.2 million

February 11, 2012 12:45 AM UTC

Ironwood Pharmaceuticals Inc. (NASDAQ:IRWD) raised $79.2 million through the sale of 5.3 million shares at $15.09 in a follow-on underwritten by JPMorgan; BofA Merrill Lynch; Morgan Stanley; and Ladenburg Thalmann. Ironwood proposed the offering late Wednesday, when its stock price was $13.79. Ironwood was up $0.26 to $15.35 on Friday. ...