Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Burlington Mills Corp. Deal - Lehman Brothers Collection

Burlington Mills Corp.

Company DealBurlington Mills Corporation: Corporate History
Transaction TypeCommon Stock- IPO
Deal DescriptionBurlington Mills Corporation used the net proceeds from this transaction for additional working capital. An increase in the volume of the company's business required an increase in its working capital. The proceeds were also to provide funds to effect certain improvements and additions to the present plants, the purchase of equipment, and the acquisition of additional plant facilities that were contemplated for the year 1937.
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