NEW YORK — Shares of Tumi Holdings Inc. fell 3.3 percent after investors began digesting information from a regulatory filing that some shareholders plan to hold a secondary offering.
According to a registration statement, or Form S-1, filed with the Securities and Exchange Commission Tuesday, slightly more than 11.6 million shares are being sold at a proposed offering price of $22.87, with a maximum aggregate price range of $265.6 million. The 11.6 million shares include 10.1 million shares of common stock from the selling stockholders plus an option for the underwriters to purchase an additional 1.5 million shares.
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