DeCrane Aircraft Holdings Files for Equity Offering.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--March 6, 1998--DeCrane Aircraft Holdings Inc. (Nasdaq:DAHX), a leading manufacturer of avionics components and an avionics systems integrator for the commercial aircraft industry, Friday announced it has filed a registration statement with the Securities and Exchange Commission for an offering of 2,500,000 shares of common stock, of which 1,918,000 shares will be sold by the company and 582,000 shares will be sold by certain stockholders of the company. The offering will be co-managed by BT Alex. Brown Inc., SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Warburg Dillon Read Investment bank created by the 1997 merger of S.G. Warburg & Co. and Dillon, Read & Co. Subsequently renamed UBS Warburg and now part of UBS AG, where the Warburg name was eventually dropped. Inc. and Furman Selz LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The company intends to use the proceeds from the sale of shares by the company for the repayment of indebtedness. The company will not receive any of the proceeds from shares being sold by the selling stockholders. This offer will be made by means of a prospectus. Copies of the prospectus relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the offer may be obtained from the managing underwriters in 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 . 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 news 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 the registration or qualification under the securities laws of any such state. DeCrane Aircraft Holdings is a leading manufacturer of avionics components and a provider of avionics systems integration services in certain niche markets of the commercial aircraft industry. The company's products and services typically are utilized to provide an interface between an aircraft and its avionic systems. For more information about DeCrane Aircraft Holdings via facsimile, call 800/PRO-INFO and dial client code "DAHX". CONTACT: DeCrane Aircraft Holdings Inc., El Segundo Robert A. Rankin, 310/725-9123 or The Financial Relations Board, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Karen Taylor Karen Taylor is an English comedienne from Barrow-in-Furness, Cumbria. She is a former finalist in the prestigious Daily Telegraph Open Mic Award[1] and has fronted her own sketch show on BBC Three, entitled Touch Me, I'm Karen Taylor. , 310/442-0599 (general information) Moira Conlon, 310/442-0599 (investor/analyst contact) Michaelle Burstin, 310/442-0599 (media contact) |
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