Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Allied Stores Corp. Deal - Lehman Brothers Collection

Allied Stores Corp.

Company DealAllied Stores Corporation: 200,000 shares of 4% cumulative preferred stock ($100 par value)
Transaction Typecumulative preferred stock
Deal DescriptionAllied Stores Corporation proposed that the net proceeds from the sale of shares be applied to the redemption of 195,225 outstanding shares of 5% preferred stock at $100 per share, amounting to $19,522,500, exclusive of accrued dividends from July 1, 1945 to the date fixed for redemption. The difference between the redemption price and the net proceeds would be supplied from the company's treasury.
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