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Article: Precision Target Marketing extends term of its common stock purchase warrants.
- Article from:
- PR Newswire
- Article date:
- June 8, 1988
CopyrightCOPYRIGHT 1988 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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PRECISION TARGET MARKETING EXTENDS
TERM OF ITS COMMON STOCK PURCHASE WARRANTS
FAIRFIELD, N.J., June 8 /PRNewswire/ -- Precision Target Marketing, Inc. (NASDAQ: PTMI), a leading direct mail and telemarketing firm, announced today that it has extended the term of its common stock purchase warrants (PTMIW) from August 23, 1988 to August 23, 1989. There are presently outstanding approximately 1,900,000 warrants. Each warrant is exercisable for one share of the Company's common stock at a price of 1 7/8. The warrants were originally issued with shares of common stock in units consisting of one share and one warrant in the Company's February ...