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SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Driven Brands Holdings Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors
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SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Driven Brands Holdings Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors
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These Are The Ten Most Profitable Companies In Wisconsin
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North American Morning Briefing: Stock Futures -3-
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Driven Brands Announces Pricing of Secondary Offering Driven Brands Holdings Inc. Charlotte, North Carolina, UNITED STATES
CHARLOTTE, N.C., Aug. 04, 2021 (GLOBE NEWSWIRE) Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) (NASDAQ: DRVN), today announced the pricing of the underwritten secondary public offering of 12 million shares of Driven Brands’ common stock by Driven Equity LLC and RC IV Cayman ICW Holdings LLC (together the “Selling Stockholders”), each of which is a related entity of Roark Capital Management, LLC at a price of $29.50 per share. The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock. Driven Brands is not selling any shares of common stock in the offering and will not receive any proceeds from the offering.