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Industry: Email Alert RSS FeedInveresk Research IPO generates $145m
BT Catalyst, July-August, 2002
Inveresk Research Group Inc. (Nasdaq: IRGI) of Gary recently raised $145 million through an initial public offering of common stock.
The contract research organization will use most of the raised money to repay debt owed to major stockholders, which should free up more cash for the company's planned expansion.
Bear, Stearns & Co. Inc. of New York, and UBS Warburg of Stamford, Conn., acted as co-lead underwriters for the offering.
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For more information visit the company's Web site at www.inveresk.com.
COPYRIGHT 2002 North Carolina Biotechnology Center
COPYRIGHT 2008 Gale, Cengage Learning
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Most Popular Articles in Technology
- An overview of continuous data protection
- Why all those current ratings?
- Many countries now have a mobile penetration rate above 100%, report says
- The Tata Group's big telecom gamble: VSNL's recent acquisition of Tyco ...
- MEASURING BANK BRANCH EFFICIENCY USING DATA ENVELOPMENT ANALYSIS: MANAGERIAL ...
- More »