Printer Friendly

UNDERWRITERS ANNOUNCE INITIAL PUBLIC OFFERING OF LINCARE HOLDINGS INC. AT $14 PER SHARE

UNDERWRITERS ANNOUNCE INITIAL PUBLIC OFFERING OF LINCARE HOLDINGS INC.
 AT $14 PER SHARE
 NEW YORK, March 19 /PRNewswire/ -- Dean Witter Reynolds Inc. and Donaldson, Lufkin & Jenrette Securities Corporation, as co-managers of the underwriting group, announced today the initial public offering of 3,350,000 shares of common stock of Lincare Holdings Inc. at a price of $14 per share. The stock will be traded on the NASDAQ National Market System under the symbol LNCR.
 All of the shares are being issued and sold by the company. The company has granted the underwriters an option to purchase up to an additional 502,500 shares to cover over-allotments. Net proceeds from the offering will be used to repay outstanding senior and subordinated debt.
 Lincare, headquartered in Clearwater, Fla., is one of the nation's largest providers of oxygen and other respiratory therapy services to patients in the home, providing services and equipment to over 25,000 customers in 27 states through 110 operating centers.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission. This press release 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 offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 3/19/92
 /CONTACT: Barbara Hynes of Gavin Anderson Doremus, 212-921-1060, for Lincare/
 (LNCR) CO: Lincare Holdings Inc. ST: Florida IN: HEA SU: OFR


AH -- NY054 -- 9675 03/19/92 12:12 EST
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:Mar 19, 1992
Words:264
Previous Article:BOTH UNITS AT CALVERT CLIFFS REMOVED FROM SERVICE TO RESOLVE ELECTRICAL SYSTEM CONCERNS
Next Article:H.A. WAGNER TO BECOME CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF AIR PRODUCTS ON MAY 1, 1992; CHAIRMAN AND CEO DEXTER F. BAKER TO RETIRE
Topics:


Related Articles
UCC INVESTORS ANNOUNCES FILING OF AN INITIAL PUBLIC OFFERING OF STOCK AND DEBT OF $700 MILLION
LINCARE HOLDINGS INC. ANNOUNCES FIRST QUARTER EARNINGS
LINCARE HOLDINGS ANNOUNCES SECOND QUARTER EARNINGS
LINCARE HOLDINGS INC. ANNOUNCES ACQUISITION OF ADVANCE HOME HEALTH SERVICES, INC.
LINCARE HOLDINGS INC. ANNOUNCES ACQUISITION OF AMERICAN MEDCO, LTD.
UNDERWRITERS ANNOUNCE PUBLIC OFFERING OF LINCARE HOLDINGS INC. COMMON STOCK AT $28.50 PER SHARE
LINCARE HOLDINGS ANNOUNCES RECORD FOURTH QUARTER AND FULL-YEAR FINANCIAL RESULTS
LINCARE HOLDINGS INC. ANNOUNCES RECORD FINANCIAL RESULTS
Lincare Holdings Inc. Announces Fourth Quarter and Year End 1996 Financial Results
Lincare Holdings Inc. Prices $500 Million Convertible Senior Debentures Offering.

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