ARTICLE | Financial News

Aveo raises $100.6 million

June 16, 2011 12:08 AM UTC

Aveo Pharmaceuticals Inc. (NASDAQ:AVEO) raised $100.6 million through the sale of 5.8 million shares at $17.50 per share in a follow-on underwritten by JPMorgan; Jefferies; and Canaccord. Aveo proposed the offering late Tuesday, when its stock price was $19.09. Aveo was off $1.55 to $17.54 on Wednesday. ...