Technitrol (TNL) Message Board

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Technology Stocks : Technitrol (TNL)

TNL 63.33

+0.9%

Nov 3 3:59 PM EST

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To: JakeStraw who wrote (45)	1/24/2002 8:47:37 AM
From: JakeStraw	Read Replies (1) of 55

Technitrol Files for Secondary Offering of 5.6 Million Shares of Common Stock biz.yahoo.com PHILADELPHIA--(BUSINESS WIRE)--Jan. 24, 2002--Technitrol, Inc. (NYSE:TNL) filed today with the Securities and Exchange Commission a registration statement (Form S-3) for a proposed secondary public offering totaling 5,600,000 shares of its common stock. The company expects to use the net proceeds from the sale of shares for repayment of outstanding debt, potential strategic acquisitions and general corporate purposes. Book running lead manager of the transaction is Morgan Stanley & Co. Incorporated. Co-lead manager is Credit Suisse First Boston Corporation and co-manager is Legg Mason Wood Walker, Incorporated.

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