Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Massey-Ferguson Limited Deal - Lehman Brothers Collection

Massey-Ferguson Limited

Company Deal3,038,889 common shares (without nominal or par value)
Transaction TypeCommon Shares
Deal DescriptionMassey-Ferguson Limited added the net proceeds from this transaction to its general funds. The company planned to use such funds to reduce consolidated short-term borrowings from banks. Such short-term indebtedness was incurred for general corporate purposes including the financing of increased production and sales, seasonal requirement of the business, and other operating cash needs.
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