INPUT/OUTPUT FILES SECONDARY REGISTRATION
INPUT/OUTPUT FILES SECONDARY REGISTRATION STAFFORD, Texas, July 15 /PRNewswire/ -- Input/Output, Inc.
(NASDAQ: IPOP) announced today that it has filed a registration statement with the Securities and Exchange Commission regarding a proposed underwritten public offering of all of the 1,955,000 shares of the company's common stock currently owned by Triton Energy Corporation (NYSE: OIL). The number of shares outstanding (7,259,880 shares) will remain unchanged and the company will not receive any proceeds from the proposed sale, unless the underwriters' over-allotment option of up to 100,000 shares granted by the company is exercised. Underwriters for the offering will be Salomon Brothers Inc, Volpe, Welty & Company and Petrie Parkman & Co.
Input/Output, Inc., headquartered in Stafford, Texas, has designed, manufactured and marketed seismic instruments worldwide for the past 24 years. 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 to buy be accepted prior to the time the registration statement become effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there by 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. -0- 7/15/92 /CONTACT: Christine R. Eilert, director, investor relations, of Input/Output, Inc., 713-240-2200/ (IPOP OIL) CO: Input/Output Inc.; Triton Energy Corporation ST: Texas IN: SU: OFR
SB -- NY086 -- 9652 07/15/92 15:04 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Jul 15, 1992|
|Previous Article:||TUSCARORA PLASTICS, INC. CHANGES NAME|
|Next Article:||GEORGE J. STASEN JOINS TOPOX AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER|