Albany International Corporation (AIN) Social Stream

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$AIN New Press Release:

Albany International Corp. Announces the Closing of a Secondary Offering

Albany International Corp. (NYSE: AIN) (the “Company”) today announced the closing of the previously announced secondary offering of shares of its Class A common stock, par value $0.001 per share (the “Class A Common Stock”). Standish Family Holdings, LLC and J.S. Standish Company (collectively, the “Selling Stockholders”) sold 1,566,644 shares of Class A Common Stock. The total net proceeds to the Selling Stockholders before expenses were approximately $119 million. No shares were sold by the C (...)

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