Accredo Health, Incorporated Announces Initial Public Offering.MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--April 16, 1999-- Accredo Health, Incorporated (Nasdaq: ACDO ACDO Air Carrier District Office ACDO Assistant Command Duty Officer ) today announced the initial public offering of its Common Stock. The stock will be traded on the Nasdaq National Market under the trading symbol Trading symbol See: Ticker symbol ACDO. The initial public offering price for the three million shares being issued and offered by the Company was $16 a share. The Company has granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of Common Stock to cover over-allotments, if any. The managing underwriters of the offering are Hambrecht & Quist LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , acting as lead manager, and NationsBanc Montgomery Securities LLC and SunTrust Equitable Securities, acting as co-managers. Accredo Health, Incorporated provides specialized contract pharmacy and related services pursuant to agreements with biotechnology drug manufacturers relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the treatment of patients with certain costly, chronic diseases. The Company's services include collection of timely drug utilization and patient compliance information, patient education and monitoring through the use of written materials and telephonic consultation, reimbursement expertise, and overnight drug delivery. A copy of the Prospectus relating to the offering may be obtained from Hambrecht & Quist LLC, 230 Park Avenue, 20th Floor, 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 , NY 10169-0005, 212/207-1400, NationsBanc Montgomery Securities LLC, 600 Montgomery Street Montgomery Street is a north-south thoroughfare in San Francisco, California, in the United States. It runs about 16 blocks from the Telegraph Hill neighborhood south through downtown, terminating at Market Street. , San Francisco, CA 94111-2777, 415/627-2000, or SunTrust Equitable Securities Corporation, 511 Union Street, Nashville, TN 37219-1743, 615/780-9300. A registration statement relating to the Common Stock was filed and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell nor a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. |
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