Levin-Townsend Computer Corporation
| Company Deal | exchange offer to holders of common stock of National Equities, Inc., of $26,975,700 of 7% convertible senior subordinated debentures due August 1, 1983 |
|---|---|
| Transaction Type | Convertible Senior Subordinated Debentures |
| Deal Description | Levin-Townsend Computer Corporation offered to exchange its 7% convertible senior subordinated debentures, due August 1, 1983, for any or or all the outstanding whole shares of national common stock tendered in accordance with this exchange offer in the ratio of $100 principal amount for each share of national common stock. The debentures were convertible into the company's common stock. |