Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Trans-Coast Investment Co. Deal - Lehman Brothers Collection

Trans-Coast Investment Co.

Company Deal375,000 shares common stock
Transaction TypeCommon Stock
Deal DescriptionTrans-Coast Investment Co. initially deposited the proceeds from this transaction in one or more of its savings and loan subsidiaries at their then-current rate of interest. It was estimated that the income on such deposits would be sufficient to cover operating expenses of the company.
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