Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

The LTV Corporation Deal - Lehman Brothers Collection

The LTV Corporation

Company Dealoffering of 4,000,000 shares of common stock
Transaction TypeCommon Stock
Deal DescriptionThe LTV Corporation made the net proceeds from this transaction available to help finance expansions of LTV's Energy Products and Services and Aerospace Groups, facility replacements of its Steel Group and for other general corporate purposes, including reduction of the debt of LTV or its subsidiaries. Initially, the proceeds were used to reduce outstanding consolidated bank debt or for temporary investments.
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