ARTICLE | Financial News

Aveo raises $60.8 million

October 30, 2010 12:55 AM UTC

Aveo Pharmaceuticals Inc. (NASDAQ:AVEO) raised $60.8 million in a private placement of 4.5 million shares at $13.50 per share. The price is a 7% discount to Aveo's close of $14.56 on Thursday, before the deal was announced. JPMorgan; Canaccord; and RBC Capital Markets were placement agents. ...