Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Burlington Mills Corp. Deal - Lehman Brothers Collection

Burlington Mills Corp.

Company DealBurlington Mills Corporation: issue of 80,000 shares of cumulative convertible preferred stock $2.75 series
Transaction TypeCumulative Convertible Preferred Stock / Common Stock
Deal DescriptionBurlington Mills Corporation used the net proceeds from this transaction as additional working capital and to provide funds to effect certain improvements and additions to its present plants, the purchase of equipment, and the acquisition of additional plant facilities. Any remaining proceeds were to be added to the company's working capital and used for general corporate purposes.
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