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FirstMerit Corp. Falls on Stock Offering
Monday, May 17, 2010 - 10:42am | 113Shares of FirstMerit Corp. (NASDAQ: FMER) are selling off by 5.66% today, currently trading $20.03. This comes after the company announced that it has commenced an underwritten public offering of $315 million of its common stock. The purpose of the offering includes: to provide additional capital...