For the record, here's a copy of the 1996 debentures announcement.
I copied it from the Comverse web site. Here are links.
(direct to this item)
comversens.com
(press releases, then scroll down):
comversens.com
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September 10, 1996
Comverse Technology Announces Private Placement Of $100 Million 5.75%
Convertible Subordinated Debentures
Comverse Technology, Inc. (NASDAQ:CMVT) announced the private placement, to certain
institutional buyers, of $100 million principal amount of its 5.75% convertible subordinated
debentures due 2006.
The debentures are convertible, at the option of the holder, into shares of Common Stock at a
conversion price of $45.75.
The Company intends to use the proceeds of this offering for general corporate purposes,
including possible investments in, or acquisitions of, other companies, businesses,
technologies or product lines.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the
debentures. This press release is being issued pursuant to and in accordance with Rule 135c
under the Securities Act of 1933. The securities offered will not be and have not been
registered under the Securities Act of 1933 and may not be offered or sold in the United
States absent registration or an applicable exemption from the registration requirements. |
