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AMERICAN BUSINESS INFORMATION, INC. PUBLIC OFFERING OF COMMON STOCK

AMERICAN BUSINESS INFORMATION, INC. PUBLIC OFFERING OF COMMON STOCK
 OMAHA, Neb., Sept. 18 /PRNewswire/ -- American Business Information, Inc. (NASDAQ-NMS: ABII) announced today the public offering of 2,000,000 shares of common stock at $12 per share, all of which are being sold by certain current shareholders of the company. The underwriters have been granted an option to purchase up to 300,000 additional shares to cover over-allotments, if any. The company will not receive any proceeds from the offering and will not bear any expenses of the offering.
 The offering was underwritten by Hambrecht & Quist Incorporated, The Robinson-Humphrey Company, Inc. and Piper Jaffray Inc. A copy of the final prospectus can be obtained from the office of Hambrecht & Quist Incorporated at One Bush Street, San Francisco, Calif., 94104; The Robinson-Humphrey Company, Inc., at 3333 Peachtree Road, N.W., Atlanta Financial Center, Atlanta, Ga., 30326; or Piper Jaffray Inc., Piper Jaffray Tower, 222 South Ninth Street, Minneapolis, Minn., 55402.
 Omaha-based American Business Information is a leading provider of business-to-business marketing information which it supplies from its proprietary database containing information on approximately 10 million businesses in the United States and one million businesses in Canada.
 This communication shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
 -0- 9/18/92
 /CONTACT: Jon D. Hoffmaster of American Business Information, 402-593-4500; Hambrecht & Quist Incorporated, 415-576-3300; The Robinson-Humphrey Company, 404-266-6600; or Piper Jaffray, 612-342-6000/
 (ABII) CO: American Business Information, Inc. ST: Nebraska IN: PUB SU: OFR


KH -- MN004 -- 1012 09/18/92 09:48 EDT
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Publication:PR Newswire
Date:Sep 18, 1992
Words:294
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