AM International Inc. announces commitment for working capital financing.MT. PROSPECT, Ill.--(BUSINESS WIRE)--May 22, 1997--AM International Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :AM) Thursday Thursday: see week. announced that it has received a working capital financing commitment from Foothill Capital Corp. The three-year commitment provides for a secured credit line of $10 million subject to borrowing base limitations and subject to certain conditions, including negotiation and execution of final documents, among other things. The credit line will be used for general corporate purposes. AM International's chief financial officer and multigraphics president, Thomas D Thomas D. (born Thomas Dürr, December 30 1968 in Ditzingen close to Stuttgart, Germany) is a rapper in the German hip hop group Die Fantastischen Vier. He frequently works on solo projects. Life After finishing Realschule he took on an apprenticeship as a barber. . Rooney Rooney can refer to:
On May 27, 1997, the company will pay from its cash balances a $2 dividend to all shareholders of record as of May 13, 1997. There are approximately 7,040,000 shares of the company's common stock outstanding. The stock of AM International, which has corporate headquarters in Mt. Prospect, is traded on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors AM. The stockholders of AM International will vote on a proposal to change the name of the company to "Multigraphics Inc." at the annual meeting of stockholders to be held on May 28, 1997. CONTACT: AM International Inc., Mt. Prospect Thomas D. Rooney, 847/375-1800 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion