Concord EFS Makes Announcement.MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--June 18, 1999-- Concord EFS EFS Encrypted File System (Microsoft Windows 2000) EFS Event Free Survival (survival rates in clinical trials) EFS Evangeliska Fosterlandsstiftelsen (Sweden) , Inc. (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 : CEFT CEFT Czech Educational Foundation of Texas CEFT Competitive Evaluation Field Test CEFT Certified Electronic Funds Transfer ) ("Concord") announced today the public offering of 31,659,125 shares of its common stock at $32.25 per share. Concord sold 2,000,000 of these shares; the former owners of Electronic Payment Services Electronic Payment Services (Chinese: 易辦事), commonly known as EPS, is the largest electronic payment system in Hong Kong, Macau and Shenzhen starting from 1985. The service is provided by EPS Company (Hong Kong) Limited. , Inc., a company that Concord acquired earlier this year in a pooling-of-interests transaction, sold 29,659,125 of these shares. Concord has granted the underwriters an option to purchase up to 4,748,000 additional shares to cover over allotments, if any. Salomon Smith Barney, Inc., William Blair & Company, LLC, Goldman, Sachs and Co., J. P. Morgan Securities, Inc. and Morgan Keegan & Company, Inc. managed the offering. A copy of the Prospectus relating to the offering may be obtained from Salomon Smith Barney, Inc., 140 58th Street, 5th Floor, Brooklyn, NY 11220, Attention: Prospectus Department. Concord EFS, Inc. is a fully integrated leading provider of electronic transaction authorization, processing, settlement and funds transfer services on a nationwide basis. |
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