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Danbury, Conn.-based FuelCell Energy plans private stock offering.
Knight Ridder/Tribune Business News, November, 2004
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The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Nov. 11--FuelCell Energy Inc. of Danbury said Wednesday it plans a private offering of $75 million in preferred convertible stock to help finance development and commercialization of its fuel cell power generators.
The company said it also intends to give the purchaser of the stock the right to buy another $50 million worth of the preferred shares within 75 days. FuelCell Energy was up 3 cents to $11.62 during the ...
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