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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (35443)9/14/2001 10:43:40 AM
From: Softechie   of 37746
 
Weight Watchers Files : Weight Watchers International, a provider of weight-loss services in 27 countries, files with the SEC for a $100 mln IPO. According to company, the proportion of U.S. adults who are overweight has grown from 47% to 61% over the last 20 years, and the number of overweight people worldwide now exceeds one billion... Selling shareholders will receive all proceeds from the offering. Company does not plan to pay a dividend. The deal will be managed by CSFB, Goldman Sachs, Merrill Lynch, Salomon Smith Barney, and UBS Warburg.
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