Cafe La France stock sales commences.PROVIDENCE Providence, city (1990 pop. 160,728), state capital and seat of Providence co., NE R.I., a port at the head of Providence Bay; founded by Roger Williams 1636, inc. as a city 1832. , R.I.--(BUSINESS WIRE)--April 26, 1997--Cafe La France La France was a single that was released by Dutch popgroup BZN in 1986. It is about a man and woman who met and fell in love while in France. Inc., a Providence-based chain of upscale gourmet cafes featuring a high quality breakfast and lunch menu, announced today that the Securities and Exchange Commission has declared its registration statement for its initial public offering effective as of 2:00 p.m. yesterday. The company has registered 1,125,000 shares of its Common Stock, $.01 par value per share, for sale to the public at an offering price of $4.00 per share. The offering is scheduled to terminate on June 30, 1997 unless extended for an additional 120 days by the company. Investors may obtain a copy of the initial public offering prospectus from securities firm Earnhardt Co., Inc., the lead underwriter Lead underwriter The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues. for the company by contacting: Henry Diamond, Earnhardt Co., Inc., Ten Abbott Park Place, Providence, R.I. 02903, 401/331-5400. Cafe La France Inc., founded in 1989, operates a chain of eleven company-owned and seven franchised European-style cafes located primarily throughout greater Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. , with one cafe located in Baltimore Baltimore, city (1990 pop. 736,014), N central Md., surrounded by but politically independent of Baltimore co., on the Patapsco River estuary, an arm of Chesapeake Bay; inc. 1745. , Md., and one cafe located in Lexington, Mass. Breakfast and lunch menus feature upscale coffee beverages; freshly baked pastries, bagels and breads; made-to-order gourmet sandwiches; hot soups; salads; cold beverages; and catered products. The company's executive offices are located at 216 Weybosset Street, Providence, R.I. 02903; Phone 401/453-2233; Fax 401/453-0319. CONTACT: The Target Group Ltd. Elisabeth B. Newberry, APR APR See: Annual Percentage Rate 401/751-2010 |
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