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3,000,000 BELL SPORTS INITIAL COMMON SHARES OFFERED AT $15 PER SHARE

 3,000,000 BELL SPORTS INITIAL COMMON SHARES OFFERED AT $15 PER SHARE
 CHICAGO, April 9 /PRNewswire/ -- William Blair & Company and Montgomery Securities, co-managers of the underwriting syndicate, announced today the initial public offering of 3 million shares of Bell Sports Corp. common stock at $15 per share. Of the total, 1.7 million shares are being sold by the company and 1.3 million by selling stockholders.
 Proceeds to the company will be used to reduce debt incurred to acquire predecessor companies and for general corporate purposes.
 The common stock of Bell Sports Corp. will trade on the NASDAQ National Market System under the symbol BSPT.
 Headquartered in Rantoul, Ill., Bell Sports Corp. is the leading manufacturer and marketer of bicycle helmets in the United States. The company also designs, manufactures and markets other bicycle accessories such as child bicycle seats and bicycle carriers, as well as auto racing helmets.
 -0- 4/9/92
 /CONTACT: Rick Stearns of William Blair & Company, 312-236-1600, or Howard A. Kosick, CFO of Bell Sports, 217-893-9300/
 (BSPT) CO: Bell Sports Corp. ST: Illinois IN: LEI SU: OFR


GK-CK -- NY049 -- 6731 04/09/92 11:26 EDT
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Publication:PR Newswire
Date:Apr 9, 1992
Words:192
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