Essex International, Inc. Message Board

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Technology Stocks : Essex International, Inc.

SXC 7.960

+2.7%

Jan 9 9:30 AM EST

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To: Sparky Beardslee who wrote (20)	9/15/1997 5:11:00 PM
From: Hoatzin	of 36

Any opinions on this and what it might mean for the stock price? (I assume it hasn't gone off yet) biz.yahoo.com Essex International Inc. Files for Secondary Offering FORT WAYNE, Ind., Aug. 14 /PRNewswire/ -- Essex International Inc. (NYSE:SXC) announced that on August 14, 1997, it filed a registration statement with the Securities and Exchange Commission for the secondary offering of 4,175,000 shares of its Common Stock, and the selling shareholders have granted an over-allotment option to the underwriters for 625,989 additional shares of common stock. None of the Company's executive officers and directors, nor the Company's major shareholder, Bessemer Holdings, L.P., intends to sell any shares in the offering. Essex International Inc. will not receive any proceeds from the sale of shares by the selling shareholders. The shares will be offered by underwriters led by Goldman, Sachs & Co., Smith Barney Inc., Donaldson, Lufkin & Jenrette Securities Corporation and Lehman Brothers Inc.<< Kevin

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