Catalytica announces intention to declare a dividend in the form of a warrant to purchase Common Stock.MOUNTAIN VIEW, Calif.,--(BW HealthWire)--June 26, 1997-- Catalytica, Inc. (Nasdaq: CTAL CTAL Confederacion de Trabajadores de America Latina (Confederation of Latin American Workers) CTAL Canadian Tire Acceptance Limited CTAL Computer Technology Application Lab, Inc. CTAL Confidentially Typed Assembly Language ) today announced that it intends, after the completion of its acquisition of Glaxo Wellcome's pharmaceutical production facility in Greenville, North Carolina
Greenville, one of the fastest growing cities in North Carolina, is the county seat of Pitt County, and is the principal city of the Greenville, North Carolina Metropolitan Statistical Area. , to declare a dividend in the form of a warrant to be exercisable for 90 days to purchase one share of Catalytica Common Stock at $4.00 per share for every 3 shares of Common Stock held by a stockholder on the closing date of the acquisition. Catalytica will use proceeds from the exercise of the warrants to repurchase re·pur·chase tr.v. re·pur·chased, re·pur·chas·ing, re·pur·chas·es To buy (something) again. n. The act of buying something that one previously sold or owned. Noun 1. shares of its Class B Common Stock to be issued to Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Capital Partners in connection with the acquisition. The warrants and Common Stock issued thereunder will be registered with the Securities and Exchange Commission and the offering of the warrant to purchase Common Stock will be made only by means of a prospectus. The Company intends to apply for listing of the warrants on the NASDAQ National Market. CONTACT: Catalytica, Inc. Lloyd Baylis Baylis is a surname, and may refer to:
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