Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

GenRad, Inc. Deal - Lehman Brothers Collection

GenRad, Inc.

Company Dealoffering of 1,165,000 shares of common stock
Transaction TypeCommon Stock
Deal DescriptionGenRad, Inc., used its portion of the proceeds from this transaction to repay bank indebtedness incurred to provide working capital. The offering provided the company with additional permanent equity capital, which was required to support its increased volume of business. Of the shares offered in this transaction, 100,000 shares were sold by the selling stockholder, the GenRad Profit-sharing Trust. The company received no portion of the proceeds from those shares.
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