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Zygo Files To Sell Up to 3.75M Shares
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Business New Haven
1/22/2001
By: BNH
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MIDDLEFIELD - Optical components supplier Zygo Corp. (NASDAQ: ZIGO) has filed with U.S. regulators to sell up to 3.75 million shares of common stock. The company did not say how many shares it and certain shareholders plan to sell. It did say it would receive any proceeds from the sale by stockholders. Zygo said it would use proceeds from its sale for new facilities, equipment, and research and development, according to the filing with the U.S. Securities & Exchange Commission. Underwriters handling the offering were Bear, Stearns & Co. Inc. and Lehman Brothers Inc., with the assistance of C.E. Unterberg, Towbin and ING Barings.
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