|
|
|
PBSC Postpones Offering
|
Business New Haven
4/16/2001
By: BNH
|
MERIDEN - Laboratory instrument maker Packard BioScience Co. (NASDAQ: PBSC) said it would postpone a proposed offering of ten million of its common shares due to current market conditions.
Packard also said it has filed an amended registration statement with the Securities & Exchange Commission relating to the offering in response to previously received SEC comments.
Of the total, three million were to be sold by the company and the balance by selling shareholders. Proceeds from the sale of the company's stock was to be used for general corporate purposes. The company will not receive any proceeds from sale of the shares by selling stockholders.
Packard said it would continue to monitor market conditions to decide a time to pursue the offering, which would require completion of the SEC review and effectiveness of the registration statement.
|
Go FirstGo PreviousGo
NextGo LastGo
to Index
|
|
