Burlington Mills Corp.
| Company Deal | Burlington Mills Corporation: issue of 80,000 shares of cumulative convertible preferred stock $2.75 series |
|---|---|
| Transaction Type | Cumulative Convertible Preferred Stock / Common Stock |
| Deal Description | Burlington 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. |