Hello Logan! SPLIT NEWS!! The document expired, so here is the whole scoop:
Internet Capital Group Announces Filing of a Registration Statement and 2-For-1 Stock Split
BusinessWire, Monday, November 22, 1999 at 17:33
WAYNE, Pa.--(BUSINESS WIRE)--Nov. 22, 1999--
Public Offering of 6,000,000 Split-Adjusted Shares of Common Stock
and $250,000,000 of Convertible Subordinated Notes
Internet Capital Group, Inc. (NASDAQ:ICGE) announced today that
it has filed a registration statement with the Securities and Exchange
Commission for a public offering of 6,000,000 split-adjusted shares of
its Common Stock.
All of the shares will be offered by the Company. The offering
will be managed by Merrill Lynch & Co; Goldman, Sachs & Co.; Deutsche
Banc Alex. Brown; Lehman Brothers; and Robertson Stephens. The Company
will concurrently offer $250,000,000 of Convertible Subordinated Notes
due 2004 in an offering managed by Merrill Lynch & Co; Goldman, Sachs
& Co; and Deutsche Banc Alex. Brown.
Internet Capital Group also announced today that its Board of
Directors approved a 2-for-1 split of its common stock.
The stock split is being effected in the form of a 100 percent
stock dividend that is payable on or about December 27, 1999 to
shareholders of record on December 6, 1999. As of September 30, 1999,
approximately 253 million shares of Internet Capital Group were
outstanding on a split-adjusted basis.
When available, a preliminary prospectus relating to these
securities can be obtained from Merrill Lynch & Co. at World Financial
Center, 250 Vesey Street, 2nd Floor, New York, NY 10281, 212-449-1000.
A Registration Statement relating to these securities has been
filed with the Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor may offers to
buy be accepted prior to the time that the Registration Statement
becomes effective.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state in which such offer, solicitation, or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state. |
