Printer Friendly

DAMARK INTERNATIONAL ANNOUNCES COMMON STOCK REGISTRATION STATEMENT FILING

 MINNEAPOLIS, Sept. 29 /PRNewswire/ -- DAMARK International, Inc. (NASDAQ: DMRK), announced today that it has filed a registration statement with the Securities and Exchange Commission for an offering of 2,000,000 shares of Class A Common Stock, of which 1,300,000 shares are being offered by the company and 700,000 shares are being offered by certain selling shareholders. Wessels, Arnold & Henderson and Montgomery Securities will co-manage the offering.
 DAMARK International, Inc., is a product-driven, information-based national direct merchandiser of brand name and other quality general merchandise. The company's pricing strategy is to offer its merchandise at or below prices set by dominant discount retailers.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers be accepted prior to the time the registration statement becomes effective. 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.
 A copy of the preliminary prospectus relating to these securities may be obtained from either Wessels, Arnold & Henderson, 901 Marquette Ave., Minneapolis, Minn., 55402, or Montgomery Securities, 600 Montgomery Street, San Francisco, Calif., 94111.
 -0- 9/29/93
 /CONTACT: Jim Tuller of DAMARK International, 612-531-0066; or John Mackay or Melissa Quinn, of Padilla Speer Beardsley, 612-871-8877 for DAMARK/
 (DMRK)


CO: DAMARK International, Inc. ST: Minnesota IN: REA SU:

CP-DS -- MN016 -- 7020 09/29/93 17:58 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 29, 1993
Words:278
Previous Article:BUD YORKIN SIGNS THREE-YEAR DEAL WITH PARAMOUNT
Next Article:METALLURGICAL INDUSTRIES, INC. SIGNS STOCK PURCHASE AGREEMENT
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters