Playskool Manufacturing Company
| Company Deal | 160,000 common shares ($1.00 par value) |
|---|---|
| Transaction Type | Common Shares |
| Deal Description | Playskool Manufacturing Company used the net proceeds from this transaction to reduce its bank borrowings. The company financed its operations in substantial part through bank borrowings, the amounts of which, due to the seasonal nature of its business, varied throughout the year depending upon volume of production and other needs of the company's business. |