Tesaro raises $173.4M in follow-on

Tesaro Inc. (NASDAQ:TSRO) raised $173.4 million through the sale of 3.4 million shares at $51 in a follow-on underwritten by Citigroup; Leerink; Deutsche Bank; BMO Capital Markets; Baird; and Mizuho. Tesaro proposed the offering after market close on Monday when its shares were valued at $54.25. The company shed $0.64 to $51.73 on Wednesday. ...