Beckman Completes Tender for 7.05% Debentures Due 2026.FULLERTON Fullerton, city (1990 pop. 114,144), Orange co., S Calif., SE of Los Angeles; founded 1887, inc. 1904. The city is named for George H. Fullerton, head of a land company, who arranged to route the San Diego–Los Angeles–Santa Fe RR through the settlement in , Calif.--(BW HealthWire)--March 16, 1998--Beckman Instruments Inc. (NYSE NYSE See: New York Stock Exchange :BEC) reported today that the previously announced tender offer for up to all of its 7.05% Debentures due June 1, 2026 was successfully concluded. No Debentures were tendered in the tender offer, and as a result, $100 million aggregate principal amount of Debentures remains outstanding. The Company had offered to purchase the Debentures at a price of $1,000 per $1,000 principal amount of Debentures tendered. The principal purpose of the offer was to provide an opportunity for the sale of the Debentures by holders that desired to terminate their investment in the Debentures. Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. acted as exclusive dealer manager for the tender offer, which commenced March 6 and expired ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. March 13. CONTACT: Beckman Instruments, Fullerton Michael J. Whelan, 714/773-7620 |
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