AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Clark USA is nearing another stock offering - its third trip to the public market since 1992.
The Clayton gasoline marketing and refining firm is hoping a new offering will have more luck than the last two, both of which the company scrapped.
Clark has yet to unveil formal plans. But the next trip to the market appeared closer after Tuesday's announcement by its largest shareholder, Horsham Corp. in Toronto, to sell its 46 percent interest in the company.
Horsham disclosed its plans as part of an announced deal to merge with Clark's sister firm, Trizec Corp. Horsham already owns 48 percent of Trizec, a Toronto real estate firm.
"We don't see we're going to hold Clark forever," …