American Photocopy Equipment Company
| Company Deal | 1961 offering of 435,000 common shares |
|---|---|
| Transaction Type | Common Stock shares |
| Deal Description | American Photocopy Equipment Company expected to use the proceeds from this deal for general corporate purposes, including use as additional working capital or in connection with the acquisition of additional properties or the financing of expansion of the present business. The company spent approximately 2% of net sales for research activities in the 1960 fiscal year. One result of such research was the development of a desk-top electronic copying machine, the Electro-Stat. |