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Article: Total Control Products, Inc. Commences Initial Public Offering
- Article from:
- PR Newswire
- Article date:
- March 10, 1997
CopyrightCOPYRIGHT 1997 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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MELROSE PARK, March 10 /PRNewswire/ -- Total Control Products, Inc. (Nasdaq: TCPS) announced today that it has commenced the initial public offering of 2,000,000 shares of its Common Stock at a price of $8.00 per share. Of the shares being offered, 1,650,000 will be offered by Total Control and 350,000 will be offered by certain selling stockholders. In addition, Total Control has granted to the underwriters for the offering an option to purchase 300,000 additional shares to cover over-allotment.
Adams, Harkness & Hill, Inc. and A.G. Edwards & Sons, Inc. are serving as representatives of the underwriting group that is offering the shares to the public.
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