EZCORP ANNOUNCES IT HAS SOLD ADDITIONAL SHARES
EZCORP ANNOUNCES IT HAS SOLD ADDITIONAL SHARES AUSTIN, Texas, March 20 /PRNewswire/ -- EZCORP, INC.
(NASDAQ-NMS: EZPW) today announced that it has sold an additional 225,000 shares of Class A non-voting common stock at $16.50 per share pursuant to the underwriters' over-allotment option exercised by Kidder, Peabody & Co. Incorporated and Morgan Schiff & Co., Inc.
EZCORP previously sold 1.5 million shares of Class A non-voting common stock in connection with a public offering on March 17, 1992. Net proceeds from the offering are being used to establish and acquire new pawnshops and to satisfy the working capital requirements of the business. EZCORP establishes, acquires and operates pawnshops and currently operates 79 pawnshops. -0- 3/20/92 /CONTACT: Gary Kofnovec of EZCORP, 512-476-6677/ (EZPW) CO: EZCORP Inc. ST: Texas IN: SU: OFR SM -- NY021 -- 0041 03/20/92 10:58 EST
|Printer friendly Cite/link Email Feedback|
|Date:||Mar 20, 1992|
|Previous Article:||VICORP RESTAURANTS COMPLETES BOND REDEMPTION|
|Next Article:||PSEA, PDE INVOLVED IN COOPERATIVE TRAINING EFFORT TO IMPLEMENT STATE'S NEW EDUCATION DELIVERY SYSTEM|