Globe Security Systems, Inc. Deal - Lehman Brothers Collection
Globe Security Systems, Inc.
|Company Deal||public offering of 600,000 shares of common stock ($1 par value)|
|Transaction Type||Common Stock|
|Deal Description||Globe Security Systems, Inc., did not receive any of the proceeds from this transaction. Prior to this offering, all of the common stock of the company was owned by Walter Kidde & Company, Inc., and there was no public market for the company's common stock. Upon completion of this transaction, Walter Kidde & Company, Inc., owned 70% of the company's common stock.|
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