C-MAC Industries Inc. Completes its Public Offering in the United States and in Canada.Business Editors MONTREAL--(BUSINESS WIRE)--Aug. 14, 2000 C-MAC Industries Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. .) (NYSE NYSE See: New York Stock Exchange :EMS), a provider of a comprehensive portfolio of electronic manufacturing services and solutions, today announced the closing of its initial public offering in the United States and a public offering in Canada of 11,500,000 common shares (including the shares issued pursuant to the exercise of the over-allotment option granted to the Underwriters) at a price of US$63.18 per share in the United States and C$94.00 per share in Canada. Net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). of approximately US$693.9 million or C$1.032 billion will be used by C-MAC primarily to finance acquisitions and establish new facilities, as well to finance capital expenditures, working capital and general corporate expenditures. Merrill Lynch & Co. and Banc of America Securities LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control served jointly as managers of the offering with Merrill Lynch acting as the sole book runner. Other members of the underwriting syndicate included CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. Inc., FleetBoston Robertson Stephens Inc. and J. P. Morgan Securities Inc. Copies of the prospectus are available from the underwriters, namely Merrill Lynch, Pierce, Fenner & Smith Incorporated, Banc of America Securities LLC, CIBC World Markets Inc., FleetBoston Robertson Stephens Inc. and J. P. Morgan Securities Inc. as well as Merrill Lynch Canada Inc. and J.P. Morgan Securities Canada Inc. This press 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 the registration or qualification under the securities laws of any such state. |
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