Dynamex Announces Public Offering.DALLAS--(BUSINESS WIRE)--April 7, 1998--Dynamex Inc.(Nasdaq:DYMX) today announced that it has filed a registration statement with respect to an underwritten public offering of 2,817,166 shares of its common stock with 2,500,000 shares to be sold by the Company and 317,166 shares to be sold by certain selling shareholders. 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). from the stock sale will be used to repay a portion of the company's outstanding indebtedness. Schroder & Co., Inc. will underwrite To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue. The word underwrite has two meanings. the sale, along with William Blair
Dynamex is a leading provider of same-day delivery and logistics services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. CONTACT: Dynamex, Inc., Dallas Robert P. Capps, 972/756-8184 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion