Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Automatic Data Processing, Inc. Deal - Lehman Brothers Collection

Automatic Data Processing, Inc.

Company Dealregistration of 171,248 shares of common stock (par value $.10 per share) and sale of 121,000 such shares through underwriters represented by Kuhn, Loeb & Co.
Transaction TypeCommon Stock
Deal DescriptionAll of the shares offered are being acquired by the underwriters from the selling stockholders. The selling stockholders group consisted of Ben Johnson, Sam & Cindy Linder, Joydene Johnson, Stephen & Mary Sue Knight, John Linder as trustee for the children of Sam & Cindy Linder, First State Bank of Oregon as trustee for Mary Trevlyn Knight, First State Bank of Oregon as trustee for Tyler Jensen Knight, First State Bank of Oregon as trustee for Andrew Stephen Knight, First State Bank of Oregon as trustee for the children of Stephen & Mary Sue Knight, Michael Teig, Jerome Kaplan, Robert F. Moore, John P. Maley, David B. Thomas, Peninsula General Hospital, and Bon Secours Hospitals, Inc. Automatic Data Processing, Inc., did not receive any part of the proceeds of the sale.
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