Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

BGS Systems, Inc. Deal - Lehman Brothers Collection

BGS Systems, Inc.

Company Dealoffering of 1,320,000 shares
Transaction TypeCommon Stock
Deal DescriptionBGS Systems, Inc., used the net proceeds from this transaction for working capital and for possible acquisitions of software products or companies. The company initially intended to consider the acquisition of products (or companies that market products) that analyze and predict the performance of computer systems. At the time of the deal, no specific acquisition was being negotiated. The company received no proceeds from the sale of shares that were sold by the selling stockholders. The group of selling stockholders consisted of Dr. Harold S. Schwenk, Jr., Dr. Robert P. Goldberg, Dr. Jeffrey P. Buzen and all directors and officers as a group.
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