Integrated Container Service Industries Corporation
| Company Deal | 550,102 shares of common stock |
|---|---|
| Transaction Type | Common Stock |
| Deal Description | Integrated Container Service Industries Corporation used the net proceeds from this transaction to repay the company's outstanding bank loan, incurred in connection with the acquisition of 51% of the capital stock of REALCO. The balance of the loan was repaid out of the company's general funds. The company received no portion of the proceeds from the shares sold by the selling stockholder, Railway Express Agency, Incorporated. |