Central Garden & Pet Files Registration Statement for Public Offering of 5,000,000 Shares of Common Stock.LAFAYETTE, Calif.--(BUSINESS WIRE)--July 14, 1997--Central Garden & Pet Company (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 : CENT) announced today that it has filed a Registration Statement with the Securities and Exchange Commission with respect to a proposed public offering of 5,000,000 shares of its Common Stock. Alex. Brown & Sons Incorporated will lead-manage the underwriting group with Hambrecht & Quist LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Pierce, Fenner & Smith Incorporated and Wasserstein Perella Securities, Inc. serving as co-managers. The Company will offer 4,790,000 shares and certain selling stockholders will offer the remaining 210,000 shares to the public. A maximum of 750,000 additional shares may be sold by the Company pursuant to an over-allotment option granted to the underwriters. The net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). to the Company from the offering will be used to repay certain outstanding indebtedness and to finance future acquisitions. The Company will not receive any proceeds from the sale of the shares by the selling stockholders. Central Garden & Pet Company is the leading national distributor of lawn and garden and pet supply products, as well as a major distributor of pool supplies. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. A preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders relating to these securities may be obtained from Alex. Brown & Sons Incorporated, 1 South Street, Baltimore, MD 21202 or from Hambrecht and Quist LLC, One Bush Street, San Francisco, CA 94104, or 230 Park Avenue, 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 , NY 10169, or from Merrill Lynch, Pierce, Fenner & Smith Incorporated, 250 Vesey Street, New York, NY 10281 or from Wasserstein Perella Securities, Inc. 31 West 52 Street, New York, NY 10019. CONTACT: Gregory Reams REAMS Resource Evaluation And Management System Central Garden & Pet Company (510) 283-4573 |
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