Hvide Marine HMAR - High Growth, Undervalued Message Board

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Non-Tech : Hvide Marine HMAR - High Growth, Undervalued

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To: Grommit who wrote (87)	12/11/1997 7:48:00 PM
From: bocaburgerman	Read Replies (1) of 547

Not wasting any time. WASHINGTON (Dow Jones)--Hvide Marine Inc. (HMAR) filed to offer 5 million class A common shares. In a filing Thursday with the Securities and Exchange Commission, the company said proceeds will be used to finance future and pending acquisitions, including the acquisition of Bay Transportation Corp. Donaldson Lufkin & Jenrette Securities Corp., Morgan Stanley Dean Witter and Raymond James & Associates Inc., which includes an overllotment of up to 750,000 addtional shares. Based in Ft. Lauderdale, Fla., the company provides marine support and transportation services.

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