Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Gulf States Utilities Company Deal - Lehman Brothers Collection

Gulf States Utilities Company

Company Deal239,578 shares common stock
Transaction TypeCommon Stock
Deal DescriptionGulf States Utilities Company used the net proceeds from this transaction for general corporate purposes and the financing of a portion of its 1952 construction requirements. To meet the requirements of the increase in volume of its business and to improve the ratio of generating capacity to maximum load, the company had been engaged since 1946 in a substantial construction program in the rapidly growing area served.
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