Celadon Group, Inc. Announces Public Offering Price for Stock Offering.Business Editors INDIANAPOLIS--(BUSINESS WIRE)--May 19, 2004 Celadon celadon Chinese, Korean, Siamese, and Japanese stoneware decorated with glazes the colour range of which includes greens of various shades, olive, blue, and gray. The colours are the result of a wash of slip (liquefied clay) containing a high proportion of iron that is Group, Inc. (Nasdaq/NMS:CLDN CLDN Calling Line Directory Number CLDN Claudin (gene family) ) announced today the public offering of 1,690,000 shares of its common stock priced at $14.50 per share. Of these shares, 1,600,000 shares are being sold by the Company, 50,000 shares are being sold by Stephen Russell, the Company's Chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and President, 20,000 shares are being sold by Paul Will, the Company's Executive Vice President and Chief Financial Officer, and 20,000 shares are being sold by Michael Miller, a long-time director of the Company. The Company has granted the underwriters a 30-day option to purchase up to 253,500 shares of common stock to cover over-allotments. The offering was made through an underwriting syndicate Underwriting syndicate A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter. underwriting syndicate See syndicate. led by Legg Mason Wood Walker, Incorporated and solely by means of a prospectus. When available, copies of the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. relating to the offering may be obtained from the offices of Legg Mason Wood Walker, Incorporated, 100 Light Street, Baltimore, Maryland 21202. Celadon Group, Inc. is a truckload carrier headquartered in Indianapolis that operates in the U.S., Mexico, and Canada. Celadon is also the majority owner of TruckersB2B, Inc., which is a provider of cost benefits to more than 16,300 member fleets. Please visit the company's websites at: www.celadongroup.com and www.truckersb2b.com. |
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