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Technology Stocks : JPM Co. (JPMX, formerly JPMC)
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To: Ryan Mak who wrote (107)8/24/1997 8:43:00 PM
From: Louis Cornell   of 157
 
From BusinessWire, Thursday, July 24, 1997:

LEWISBURG, Pa.--(BUSINESS WIRE)--July 24, 1997--The JPM Company
(NASDAQ/NMS:JPMX) Thursday announced it had begun preparation of a
registration statement for an underwritten secondary offering of
common stock.
Although the size and terms of the offering have not yet been
determined, the offering is anticipated to be approximately
3 million shares to be apportioned between the company and certain of
its current shareholders in an approximate 2 to 1 ratio.
JPM anticipates utilizing the proceeds from such offering to
fund company growth, to participate in the continued industry
consolidation, to expand both domestically and internationally and
for other business purposes. The company expects to file its
registration statement in the next few months...
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