Donna Karan International, Inc. files registration statement for initial public offering.NEW YORK--(BUSINESS WIRE)--April 17, 1996--Donna Karan International, Inc. today announced it has filed a registration statement with the Securities and Exchange Commission in connection with a proposed initial public offering of common stock which is estimated to yield proceeds of approximately $230 million (or $265 million if the underwriters' over-allotment option is exercised in full). Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. & Co. Incorporated and Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. & Co.
Inc. will be the lead managers, and 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. & Co. and Smith
Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. Inc. will be co-managers, for the global offering.
Donna Karan International, Inc. is one of the world's leading fashion design houses. The Company designs, contracts for the production of, markets and distributes "designer" and "bridge" collections of women's and men's apparel, sportswear, accessories and shoes under the Donna Karan 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 and DKNY DKNY Donna Karan New York brand names, respectively. It also offers fragrance, bath and body, treatment and other beauty products under the Donna Karan New YorkTM and DK MenTM brand names, and selectively has granted licenses for the manufacture and distribution of hosiery, intimate apparel, eyewear and children's apparel. 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. The announcement 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such State. When available, 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 may be obtained by request from Morgan Stanley & Co. Incorporated, 1585 Broadway, New York, New York, 10036. CONTACT: Morgen-Walke Associates Terry Rooney/Stacy Berns, (212) 850-5600 |
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