ABM Industries Announces Sale of Common Stock by Existing Shareholders

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Mar 14, 2018
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NEW YORK, March 14, 2018 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that affiliates of Thomas H. Lee Partners, L.P. and Goldman Sachs Merchant Banking Division (the “Selling Stockholders”) intend, subject to market conditions, to offer 9,047,741 shares of ABM common stock in an underwritten secondary offering. The Selling Stockholders will receive all of the net proceeds from the offering. ABM is not offering any shares of common stock in the offering and will not receive any proceeds for the sale of shares in the offering.