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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Esway who wrote (5461)	10/21/2003 10:57:16 AM
From: JakeStraw	Read Replies (1) \| Respond to of 5499

Big drop in net income...

To: Esway who wrote (5461)	10/24/2003 10:08:30 AM
From: BWAC	Read Replies (1) \| Respond to of 5499

The Shaw Group Inc. Announces Pricing of 20 Million Share Common Stock Offering Friday October 24, 9:08 am ET Company to Use Net Proceeds to Retire a Portion of its Outstanding LYONs BATON ROUGE, La.--(BUSINESS WIRE)--Oct. 24, 2003--The Shaw Group Inc. (NYSE:SGR - News) today announced that it priced a public offering of 20 million shares of its common stock at a public offering price of $10 per share, or $200 million aggregate price to the public. The Company intends to use the net proceeds of the offering to fund a portion of a tender offer, which Shaw commenced on October 20, for its outstanding Liquid Yield Option(TM) Notes due 2021 (Zero Coupon -- Senior) (LYONs). The transaction is scheduled to close on October 29, 2003. The underwriters were granted an option to purchase 3,000,000 additional shares to cover over-allotments.