Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Avis, Inc. Deal - Lehman Brothers Collection

Avis, Inc.

Company Dealregistration & public offering of 1,500,000 shares of common stock (par value $1 per share)
Transaction TypeCommon Stock
Deal DescriptionThe shares being offered in this deal were sold by International Telephone and Telegraph Corporation (ITT), the company's largest stockholder, which held 4,600,000 shares. ITT retained 3,100,000 shares and received all proceeds from the sale. Avis did not receive any proceeds.
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