AGCO Prices Common Stock Offering.Business Editors DULUTH, Ga.--(BUSINESS WIRE)--April 1, 2004 AGCO AGCO Alcohol and Gaming Commission of Ontario AGCO Anderson, Greenwood, & Company AGCO After Google Check-Out Corporation (NYSE NYSE See: New York Stock Exchange :AG), a worldwide designer, manufacturer and distributor of agricultural equipment, today announced that it has agreed to sell 12,800,000 shares of its common stock at a price of $21.35 per share in an underwritten public offering. AGCO has granted the underwriters an option to purchase up to 1,920,000 additional shares to cover over-allotments. The proceeds will be used to repay existing indebtedness. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. & Co. Incorporated and Goldman, Sachs & Co. are acting as joint-bookrunners and lead underwriters for the offering. Bear, Stearns & Co. Inc., Rabo Securities USA, Inc., Tokyo-Mitsubishi International plc, SunTrust Capital Markets, Inc. and Natexis Bleichroeder Inc. are serving as co-managers for the offering. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer will be made only by means of the prospectus supplement and related prospectus. Potential investors should read those documents carefully before making any investment decision. Copies of the prospectus supplement and related prospectus may be obtained by contacting Morgan Stanley & Co. Incorporated, Prospectus Department, 1585 Broadway, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York 10036. AGCO's expectations with respect to the offering constitute forward looking statements. Actual results may differ materially from those suggested in the forward looking statements for a number of reasons, including the need to fulfill the closing conditions contained in the underwriting agreement Underwriting agreement The contract between a corporation issuing new publicly offered securities and the managing underwriter as agent for the underwriting group. Compare to agreement among underwriters. for the offering. AGCO Corporation, headquartered in Duluth, Georgia Duluth is a city in Gwinnett County, Georgia, and a suburb of Atlanta located in the Metro Atlanta area. Unincorporated portions of northeast Fulton County and Forsyth County also have Duluth as a mailing address, though this area is technically outside city limits. , is a global designer, manufacturer and distributor of agricultural equipment and related replacement parts. AGCO products are distributed in over 140 countries. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements through more than 9200 independent dealers and distributors around the world. AGCO products are distributed under the brand names AGCO(R), Agco Allis(R), AgcoStar(R), Challenger(R), Farmhand(R), Fendt(R), Fieldstar(R), Gleaner(R), Glencoe(R), Hesston(R), LOR LOR Letter Of Reprimand (military) LoR Lord of the Rings (J.R.R. Tolkien) LOR Learning Object Repository LOR Linux.Org. *AL(R), Massey Ferguson(R), New Idea(R), RoGator(R), SisuDiesel(TM), Soilteq(TM), Spra-Coupe(R), Sunflower(R), TerraGator(R), Tye(R), Valtra(R), White(TM), and Willmar(R). AGCO provides retail financing through AGCO Finance in North America and through Agricredit in the United Kingdom, France, Germany, Ireland, and Brazil. In 2003, AGCO had net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $3.5 billion. Please visit our website at www.agcocorp.com. |
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