CIBER, Inc. completes a public offering of common stock.ENGLEWOOD, Colo.--(BUSINESS WIRE)--Nov. 9, 1995--CIBER, 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 : CIBR) announced today the public offering of 1,750,000 shares at a price of $21.50 per share, of which 825,000 shares were sold by the Company and 925,000 shares were sold by the selling shareholders. The offering was led by J.P. Morgan Securities Inc. and Hanifen, Imhoff Inc. The underwriters have been granted an option to purchase up to 262,500 common shares at the offering price to cover over-allotments. The closing is scheduled for November 14, 1995. Proceeds of the offering from the sale of the Company's shares will be used to repay certain indebtedness INDEBTEDNESS. The state, of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. 343; 2 Hill. Ab. 421. 2. , to fund expansion and for general corporate purposes, including working capital. CIBER CIBER Center for International Business Education and Research (various locations) CIBER Center for International Business and Research (Michigan State University) CIBER Cellular Inter-Carrier Billing Exchange Record , Inc. is a nationwide provider of information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. services, combining application software staff supplementation, system life-cycle project responsibility and package software implementation services. Through its approximately 1,400 highly trained consultants operating out of 25 branch offices in 18 states and offices in each of two foreign countries, the Company offers services to its clients in two principal areas: information technology services and package software implementation services. The Company's information technology services group provides contract programming, consulting and other computer-related professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. primarily to large corporate clients. The Company's package software implementation services group assists clients in understanding and implementing new application software and client/server systems development and migration. A copy of the prospectus for the offering can be obtained from either J.P. Morgan Securities Inc., 60 Wall 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 , New York 10260, Attention: Syndicate Operations or Hanifen, Imhoff Inc., 1125 Seventeenth Street, Denver, Colorado 80202, Attention: Syndicate Operations. CONTACT: CIBER, Inc., Englewood, Colo. Kara Kara (kär`ə), river, c.140 mi (230 km) long, NE European and NW Siberian Russia. It flows N from the N Urals into the Kara Sea, forming part of the traditional border between European and Asian Russia. It is navigable in its lower course. Kennedy, 303/220-0100 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion