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PHYSICIANS RESOURCE GROUP, INC. ANNOUNCES SALE OF ADDITIONAL 453,000 SHARES PURSUANT TO UNDERWRITER'S OVERALLOTMENT OPTION
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PR Newswire
- Article date:
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July 24, 1995
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Copyright informationCOPYRIGHT 1995 PR Newswire Association, Inc. 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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HOUSTON, July 24 /PRNewswire/ -- Physicians Resource Group, Inc. (NYSE: PRG) announced today that it will sell to a group of Underwriters an additional 453,000 shares of its Common Stock at $13.00 per share pursuant to the exercise of the Underwriters' over-allotment option in connection with the Company's initial public offering. The company's Common Stock trades on the New York Stock Exchange under the symbol "PRG."
Net proceeds to the company will be used for general corporate purposes, which are expected to include future acquisitions.
Headquartered in Houston, Texas, Physicians Resource Group, Inc. was formed to provide physician practice management services to ...
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