CDO has filed a registration statement for the Comdisco Ventures tracking stock:
biz.yahoo.com
Wednesday April 12, 11:00 am Eastern Time
Company Press Release
Comdisco, Inc. Files With SEC for Comdisco Ventures IPO
ROSEMONT, Ill.--(BUSINESS WIRE)--April 12, 2000--Comdisco, Inc. (NYSE:CDO - news) announced today that it has filed a registration statement with the Securities and Exchange Commission for the initial public offering of Comdisco Ventures tracking stock.
The new tracking stock is designed to reflect the economic performance of the company's venture financing business unit. The Comdisco Ventures stock will trade as a ``letter' or ``tracking' stock.
The company said it plans to hold a special shareholder meeting on April 20, 2000, where shareholders will be asked to approve amendments to Comdisco'scharter to create the Comdisco Ventures tracking stock.
Comdisco plans to conduct an initial public offering of Comdisco Ventures tracking stock in the spring following the shareholder vote.
The 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 be accepted prior to the time 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.
About Comdisco: Comdisco provides global technology services to help its customers maximize technology functionality, predictability and availability, while freeing them from the complexity of managing their technology. The Rosemont, (IL) company offers a complete suite of information technology services including business continuity, web availability, managed network services, and IT Control and Predictability Solutions(SM). Through its subsidiary, Prism Communication Services Inc., Comdisco is developing a high-speed, always-on digital network, which will provide customers with leading-edge connectivity. Comdisco also offers equipment services to key vertical industries, including electronics, communications, laboratory & scientific, and industrial automation. Through its Ventures group, Comdisco provides equipment leasing and other financing and services to venture capital backed start-up companies.
Note to Editors: Comdisco is a registered trademark of Comdisco, Inc.
Contact:
Comdisco, Inc.
Investor Contact
James J. Hyland, 847/518-5051
jjhyland@comdisco.com
or
Media Contact
Mary Moster, 847/518-5147
mcmoster@comdisco.com |
