Crown Laboratories Inc. makes announcement.LAS VEGAS--(BUSINESS WIRE)--April 2, 1996--Crown Laboratories Inc. (AMEX AMEX See: American Stock Exchange EC:CLL CLL abbr. chronic lymphocytic leukemia CLL, n.pr See leukemia, chronic lymphocytic. CLL 1. Chronic lymphocytic leukemia 2. Cholesterol-lowering lipid ) announced Tuesday that it has closed its offer to its holders of its privately placed warrants to exercise the warrants at $1 3/8 per share instead of $3 per share if each holder exercises at least 60 percent of such warrants by such date. Pursuant to the offer, 611,188 warrants had been tendered for exercise and accepted by the company. The warrants were issued in a transaction exempt from the registration requirements of the Securities Act of 1933 and may not be transferred or sold in absence of an applicable registration statement or an exemption from registration. The shares underlying the warrants have been registered for resale by holders of the warrants. CONTACT: Crown Laboratories Inc., Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. Larry Rosenthal Larry Rosenthal (May 21, 1910 - March 4, 1992) was a subprofessional baseball outfielder in the 1930's and 40's. He first played with the Chicago White Sox in 1936, and hit a respectable .281 in 317 at bats. , 610/667-4448 or 702/696-9300 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion