“There Is No Joy in Mudville” – SeaCube Prices Well Below Range

In today’s volatile markets, just getting a deal done may be the ultimate measure of success. While SeaCube Container Leasing (“SeaCube”) had a good story, given rising container demand and its market position, the market did not react favorably. Originally, the Fortress Investment Group (“FIG”) intended to raise a minimum of $120 million by selling 7.5 million shares for $16 to $18/share.

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