Printer Friendly

F&M DISTRIBUTORS EXERCISES OVERALLOTMENT OPTION

 F&M DISTRIBUTORS EXERCISES OVERALLOTMENT OPTION
 WARREN, Mich., Oct. 23 /PRNewswire/ -- F&M Distributors, Inc.


(NASDAQ: FMD) announced today that Merrill Lynch & Co. has exercised its overallotment option available to it through the underwriting of F&M's initial public offering for the purchase of 444,000 shares of common stock from certain shareholders of the company. The shares were purchased on the same terms and conditions as the company's initial public offering of Oct. 1, 1992.
 Headquartered in Warren, F&M Distributors, Inc. operates a chain of 116 deep-discount superstores in nine states including: Illinois, Indiana, Maryland, Massachusetts, Michigan, Minnesota, Ohio, Virginia, Washington, D.C., and Wisconsin selling health and beauty aids, cosmetics and fragrances and household supplies. Its stock is traded on the NASDAQ under the symbol FMD.
 -0- 10/23/92
 /CONTACT: Barbara Palazzolo of Brogan & Partners, 313-874-8570, for F&M Distributors, Inc./
 (FMD) CO: F&M Distributors, Inc. ST: Michigan IN: REA SU:


SM -- DE028 -- 4155 10/23/92 12:29 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 23, 1992
Words:165
Previous Article:DEXTER DECLARES QUARTERLY DIVIDEND
Next Article:NEW WESTINGHOUSE TECHNOLOGY GETS THE LEAD OUT
Topics:


Related Articles
RESEARCH FRONTIERS' UNDERWRITER EXERCISES OVERALLOTMENT
SOMATIX RAISES ADDITIONAL $5.2 MILLION: OVERALLOTMENT OPTION EXERCISED
MID AM, INC. EXERCISES OVERALLOTMENT OPTION
METROPOLITAN FINANCIAL CORPORATION'S UNDERWRITERS EXERCISE OVERALLOTMENT
BENSON EYECARE UNDERWRITERS EXERCISE OVERALLOTMENT OPTION
CANTERBURY PARK HOLDING CORPORATION CLOSES ON ADDITIONAL UNITS
NUTRITION FOR LIFE INTERNATIONAL INC. ANNOUNCES EXERCISE OF OVERALLOTMENT OPTIONS BY UNDERWRITERS
CenterPoint Properties Announces 2.25M Share Common Stock Offering
New Century Announces Underwriter's Exercise of Overallotment Option.
Ferrellgas Partners, L.P. Announces Conversion of all Outstanding Senior Units and Closing of Common Unit Overallotment Offering.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters