X

Allison halts plans to sell additional stock

Jason Cannon April 18, 2013

Citing “market conditions” Allison Transmission Holdings Inc. announced Thursday that plans for a secondary offering of common stock would be called off.

Allison announced Monday a proposed secondary offering of 22 million shares of its common stock by investment funds affiliated with The Carlyle Group and Onex Corporation.

Poll

How would you categorize the state of your business 10 months into 2014?

Latest

Pete ‘show-truck-ready’ 389 now in production

TEC Equipment boss pledges $5M to local medical center

APG dual fuel engines eligible for Texas grant program

Popular

Pete ‘show-truck-ready’ 389 now in production

ATD announces nominees for Truck Dealer of the Year

Department of Commerce releases secondary determination on ‘dumping’ of Chinese trailers

Successful Dealer Award

Click here to read about the award and see the nominees for this year's award.