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Article: CBT Group PLC completes public stock offering.
- Article from:
- Business Wire
- Article date:
- September 14, 1995
CopyrightCOPYRIGHT 1995 Business Wire. 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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SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Sept. 14, 1995-- CBT Group PLC (NASDAQ:CBTSY) announced the public offering of 2,070,000 shares at a price of $44.25 per share.
Of the 2,070,000 shares, the company sold 700,000 and selling shareholders sold 1,370,000 shares. Certain selling shareholders have granted to the underwriters an option to purchase up to 310,500 additional shares for the purpose of covering underwriters' over-allotments. Alex. Brown & Sons Incorporated and Robertson, Stephens & Company, L.P. acted as managing underwriters for the offering.
CBT Group PLC is a leading provider of interactive software designed to meet businesses' ...