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DONNKENNY, INC. ANNOUNCES IPO OF 3,500,000 SHARES AT $13.25 PER SHARE; MABON SECURITIES, WHEAT FIRST BUTCHER & SINGER CO-MANAGING UNDERWRITERS

 NEW YORK, June 17 /PRNewswire/ -- Donnkenny, Inc. today announced the initial public offering of 3,500,000 shares of its common stock, priced at $13.25 per share, of which 2,500,000 shares are being offered by the company and 1 million shares are being offered by two of the company's stockholders. Mabon Securities Corp. and Wheat First Butcher & Singer are co-managing underwriters of the offering. The company also announced that its shares of common stock, which totaled 6,234,000 shares outstanding after the offering, began trading today in the NASDAQ National Market System under the symbol DNKY.
 Donnkenny, Inc. designs, manufactures and markets a broad line of moderately priced women's sportswear under the Donnkenny, D.K. Gold, Extrovert and Richard Simmons brand names. In addition, the company manufactures and markets a line of girl's and women's sleepwear as well as the Mickey & Co. product line featuring men's and women's sportswear.
 -0- 6/17/93
 /CONTACT: Richard Rubin of Donnkenny, Inc., 212-730-7770/
 (DNKY)


CO: Donnkenny, Inc. ST: New York IN: TEX SU: OFR

LR-TS -- NY041 -- 3006 06/17/93 10:37 EDT
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Publication:PR Newswire
Date:Jun 17, 1993
Words:184
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