Monotype Imaging Holders File To Sell (TYPE)

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By Douglas A. McIntyre Updated Published
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Monotype Imaging Holdings (NASDAQ: TYPE) has filed  to sell securities for selling stockholders, whom are offering 6 million shares for a proposed maximum share price of $14.60. The total maximum proposed aggregate offering price is $100.74 million. As the offering is being made by stockholders, the company will not receive any proceeds from the offering.

The lead book-runners for the transaction are listed as JPMorgan and Banc of America Sercuities.  William Blair & Company, Canaccord Adams, Jefferies & Company, and Needham & Company were listed as co-managers.

We frequently discuss secondary offerings, special financings, restructurings, insider activity, activist investor trends, IPO’s, back door plays into IPO’s, SPAC’s, spin-offs, and more on our open email distribution list.

Shares for the text imaging solutions company are down 6% to $14.61 in early morning trading. The 52-week range is $11.01 to $17.69.

Rachel Lopez
April 2, 2008

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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