Juniper Networks, Inc. Files Registration Statement
for Public Offering
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sept. 1, 1999--Juniper Networks, Inc. (Nasdaq:JNPR - news), a
leading provider of next-generation Internet infrastructure systems, today announced that it has filed a registration statement
with the Securities and Exchange Commission for a proposed offering of up to 5,750,000 shares of Juniper Networks
common stock.
Of the total shares offered, 1,500,000 shares will be offered by the Company and 3,500,000 will be offered by certain
stockholders of the Company. To the extent the underwriters sell more than 5,000,000 shares of common stock, the
underwriters have an option to purchase up to an additional 272,564 shares from Juniper Networks and 477,436 shares from
the selling stockholders at the initial price to the public less the underwriting discount. The offering is being managed by
Goldman, Sachs & Co., Credit Suisse First Boston, BancBoston Robertson Stephens, Dain Rauscher Wessels, a division of
Dain Rauscher Incorporated, SG Cowen Securities Corporation and Warburg Dillon Read LLC. |
