DBT To File Registration Statement.
DBT Online, Inc. (NYSE: DBT) announced today that it intends to file a registration statement with the Securities and Exchange Commission in early August for an underwritten public offering of all the Common Stock owned by its largest shareholder, Hank Asher. The offering is expected to include all of Mr. Asher's approximately 4.5 million shares of DBT Common Stock. The Company may also issue shares as part of an underwriter's over-allotment option.
The offering of the shares described above will be made only by means of a prospectus. These securities may not be sold nor may any offers to buy be accepted prior to the time the registration statement becomes effective. This news 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 an offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
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|Date:||Jul 2, 1999|
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