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Firm commitment underwriting

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Firm commitment underwriting
An underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares.


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announced Monday it has entered into a firm commitment underwriting agreement for the sale of 25 million shares of MGM common stock at a price of $10.
NYSE:CKH)("SEACOR") announced today that it has entered into a firm commitment underwriting agreement with Morgan Stanley & Co.
The underwriters have agreed with Tier and the selling shareholders to conduct this offering as a firm commitment underwriting.
 
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