Brightpoint, Inc. Announces Exercise of Over-Allotment Option.INDIANAPOLIS--(BUSINESS WIRE)--Aug. 15, 1997--Brightpoint, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CELL) announced today that the several U.S. underwriters and international managers of the Company's U.S. Offering and International Offering (which Offerings were consummated on August 12, 1997) have exercised their over-allotment option to purchase an additional 500,000 shares of Common Stock at a price of $30.00 per share. The U.S. Offering is managed by Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Co., Cowen & Company, UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Securities LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Sands Brothers & Co., Ltd. The International Offering is managed by Merrill Lynch International, Cowen International L.P., UBS Limited and Sands Brothers & Co., Ltd. Brightpoint is a leading provider of distribution and value-added logistics services to the wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. industry. The Company facilitates the effective and efficient distribution of wireless handsets and related accessories from leading manufacturers to network operators, agents, resellers, dealers and retailers in the wireless communications market. CONTACT: Brightpoint, Inc., Indianapolis Phillip A. Bounsall, 317/297-6100 |
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