November
27 -- Details have now emerged on a large sale of Generac Holdings common
stock.
Just
a few days after the company pulled an 11.5 million share secondary offering
due to market conditions, rumors surfaced last night that a new secondary was
in the offing.
It
now appears that the large share sale was made in a private market sale by
large holder CCMP Capital.
CCMP
Capital is effecting a rule 144 trade, selling 6.4 million shares at $32.25.
CCMP
Capital was original planning on selling shares in the pulled secondary.
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