|
|
Article: ASCENT ENTERTAINMENT GROUP COMMENCES INITIAL PUBLIC STOCK OFFERING
- Article from:
- PR Newswire
- Article date:
- December 13, 1995
CopyrightCOPYRIGHT 1995 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)
|
BETHESDA, Md., Dec. 13 /PRNewswire/ -- Ascent Entertainment Group, Inc. (Nasdaq-NNM: GOAL) today announced the commencement of the initial public offering of 5,000,000 shares of its common stock at an initial public offering price of $15 per share. The lead managers of the offering are Allen & Company Incorporated and Smith Barney Inc.
Ascent is a diversified entertainment and media company which operates entertainment production and distribution businesses. The Company provides on-demand, in-room entertainment and information services to the domestic lodging industry through its 85 percent owned subsidiary, On Command Video Corporation, and satellite distribution ...