C-Cube Commences Public Offering of $75,000,000 Aggregate Principal Amount of Convertible Subordinated Notes.MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 12, 1995--C-Cube Microsystems 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 :CUBE) today announced the commencement of a public offering of $75,000,000 aggregate principal amount of 5.875% Convertible Subordinated Notes due 2005 ("Notes"). The Notes are issued and sold by C-Cube and will be convertible into shares of Common Stock of the Company at a conversion price of $61.40. The offering is being underwritten by Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Inc.; Alex Brown Alex Brown may refer to:
C-Cube Microsystems Inc. designs and markets integrated circuits that implement international standards for the compression of digital images and video. Compression allows digital video to be used in fast-growing applications such as multimedia computing, CD-based consumer electronics and digital television. C-Cube Microsystems is headquartered in Milpitas, Calif. and has offices in the United States, Europe, and Asia. The Company employs 194 people worldwide. Its stock is traded on the Nasdaq National Market System under the symbol CUBE. Copies of the prospectus relating to the offering may be obtained from Lehman Brothers Inc., c/o ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. , 536 Broadhollow Road, Melville, New York Melville is a hamlet and census-designated place in the town of Huntington in Suffolk County on Long Island, New York, in the United States. As of the 2000 census, 14,533 people resided there. 11747, 516/254-7111; Alex Brown & Sons Incorporated, 101 California Street, 46th Floor, San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 94111, 415/544-2800; Robertson, Stephens & Company, L.P., 555 California Street, Suite 2600, San Francisco, California 94104, 415/781-9700; and Unterberg Harris, 10 East 50th Street, 22nd 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 , New York 10022, 212/572-8000. -0- Note to Editors: C-Cube and the C-Cube logo are registered trademarks of C-Cube Microsystems Inc. CONTACT: C-Cube Microsystems Jim Burke, 408/944-6300 |
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