CVS Makes Announcement.WOONSOCKET, R.I.--(BUSINESS WIRE)--July 16, 1997--CVS Corp. (NYSE NYSE See: New York Stock Exchange : CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. ) today announced that it intends to file a Registration Statement in connection with an underwritten public offering of 14,500,000 shares of its common stock (plus up to approximately 1,300,000 additional shares to cover over-allotments), par value $.01 per share, on behalf of certain of its stockholders in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with a registration rights agreement entered into in connection with the merger of CVS and Revco D.S D.S Drainage Structure (flood protection) . Inc. on May 29, 1997. The offering will be made only by means of a prospectus and will commence as soon as practicable after the effective date of a Registration Statement, which is expected to be filed on or about July 17, 1997. CVS is the nation's largest chain drugstore company based on store count. The company operates approximately 3,900 stores in 24 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , in the Northeast, Mid-Atlantic, Southeast and Midwest. CONTACT: Nancy Christal, 914/722-4704 or Fred McGrail, 401/765-1500 x4630 |
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