Transcend Announces Closing of Public Offering
ATLANTA–(BUSINESS WIRE)–TRANSCEND SERVICES, INC. (the “Company”) (NASDAQ: TRCR) today announced the December 22, 2009 closing of the public offering of a total of 2,553,000 shares of its common stock at a price to the public of $16.75 per share. The Company sold 1,725,000 shares and the selling stockholders sold 828,000 shares. Lazard Capital Markets LLC was the sole book-running manager and William Blair & Company was co-lead manager for the offering. The net proceeds to
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Transcend Announces Closing of Public Offering


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