Argyle Television Inc. announces anticipated initial public equity and debt offerings.SAN ANTONIO--(BUSINESS WIRE)--Sept. 25, 1995--Argyle Television Inc. Monday announced that it filed amended registration statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the concurrent initial public offerings by Argyle of 3,530,000 shares of its Series A Common Stock, and $125 million principal amount of its Senior Subordinated Notes. The offerings are anticipated to commence in the second half of October 1995. The announcement was made by Bob Marbut, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the San Antonio-based television station company. The Series A Common Stock offering is being underwritten by CS First Boston First Boston Corporation was a New York-based investment bank, founded in 1932 and acquired by Credit Suisse in 1988, when it became 'CS First Boston'. Globally referred to as Credit Suisse First Boston after 1996, the First Boston part of the name was phased out in 2006. , as the lead managing underwriter Managing underwriter The leading firm in an underwriting group, which originates the deal and acts as an agent for the group. managing underwriter See lead underwriter. , and Bear, Stearns & Co. Inc., Donaldson, Lufkin & Jenrette Securities Corp. and Chase Securities Inc., as co-managers. The Senior Subordinated Notes offering is being underwritten by Chase Securities Inc., as the lead managing underwriter, and CS First Boston and Bear, Stearns & Co. Inc., as co-managers. Argyle Television owns and operates WZZM-TV, the ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. affiliate in Grand Rapids, Mich.; WNAC-TV, the Fox affiliate in Providence, R.I.; KITV-TV, the ABC affiliate in Honolulu; and WAPT-TV, the ABC affiliate in Jackson, Miss. In addition, the company provides management services to WGRZ-TV, the NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. affiliate in Buffalo, N.Y. Registration statements relating to these securities have been filed with the Securities and Exchange Commission but have not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statements become effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. A prospectus for the Series A Common Stock offering may be obtained from CS First Boston, Park Avenue Plaza, 55 E. 52nd Street, 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 10055, and a prospectus for the Senior Subordinated Notes offering may be obtained from Chase Securities Inc., One Chase Plaza, New York, NY 10081. CONTACT: Argyle Television Inc. Bob Marbut, 210/828-1700 |
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