OSi Specialties.
Danbury Danbury (dăn`bĕr'ē, –bərē), city (1990 pop. 65,585), Fairfield co., SW Conn.; settled 1685, inc. as a city 1889. , CT-based OSi Specialties acquired Union Carbide's
organosilicon products, systems add services business at a cost of $300
million - $220 million in cash and $80 million in preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.
Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. . OSi
was recently formed by DLJ Merchant Banking Partners DLJ Merchant Banking Partners (DLJMB) is a LBO-focused private equity firm of Credit Suisse. DLJMB has offices in New York, London and Los Angeles. External links
- DLJ Merchant Banking Partners
L.P. It will retain
the 1,100 worldwide employees and the facilities associated with the
business.
COPYRIGHT 1993 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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