Columbia-based Martek Biosciences receives $81.4M from stock sale
Daily Record, The (Baltimore), Jan 27, 2005 by Staff
Martek Biosciences Corp., of Columbia, which develops, manufactures and sells products from microalgae, said yesterday it received approximately $81.4 million after completing the sale of more than 1.7 million shares of common stock at a public offering price of $49.10 per share. Martek said it will use the proceeds for capital expenditures, working capital and general corporate purposes.
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