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SolarWinds underwriters exercise their option
[November 16, 2009]

SolarWinds underwriters exercise their option


(Associated Press Via Acquire Media NewsEdge) AUSTIN, Texas_Network management software maker SolarWinds Inc. said Monday that the underwriters of a secondary public offering have fully exercised their overallotment option.

The 30-day option allowed the underwriters to buy an additional 1.8 million shares from certain selling stockholders at $18.75 per share. The price was the same as that for the public offering of 12 million shares.

SolarWinds shares closed Friday at $19.85.


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