| Deal Description | Maryland Cup Corporation applied its portion of the proceeds from this transaction toward the cost of additional equipment for the manufacture of plastic containers in Massachusetts. Of the shares being offered in this deal, 213,728 were sold by the group of selling stockholders, which consisted of Joseph Shapiro, Ida Shapiro, Albert Shapiro, Helen S. Bank, Merrill L. Bank, Arthur X. Shapiro, Samuel N. Shapiro, D. Anne Borenstein, Milton Borenstein, Edward Shapiro, Arnold Shapiro, Evelyn Chernis, Henry Shapiro, Arthur H. Shapiro, Inda Pariser, Anne Waller, and Shapiro Brothers. The company received no portion of the proceeds from the sale of these shares. |
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