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Article: BEAZER HOMES USA AND BEAZER AMERICA, INC. SELL ADDITIONAL IPO SHARES
- Article from:
- PR Newswire
- Article date:
- March 28, 1994
CopyrightCOPYRIGHT 1994 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA, March 28 /PRNewswire/ -- Beazer Homes USA, Inc. (NYSE: BZH) announced today the sale of 376,100 shares of Beazer Homes' common stock pursuant to the exercise of the underwriters' over-allotment option in connection with Beazer Homes' recent initial public offering (IPO). Pursuant to their over-allotment option, Dillon Read and Co. Inc. and Smith Barney Shearson Inc., as representatives of the several underwriters, purchased an additional 125,367 shares from Beazer Homes and 250,733 shares from Beazer America, Inc., an indirect wholly owned subsidiary of Hanson PLC (NYSE: HAN) and Beazer Homes' sole shareholder prior to the IPO. The price per share was the IPO price of ...
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