Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Unionamerica, Inc. Deal - Lehman Brothers Collection

Unionamerica, Inc.

Company Dealrights to subscribe for 1,483,354 shares of common stock
Transaction TypeCommon Stock
Deal DescriptionUnionamerica, Inc., added the net proceeds from this transaction to the capital funds of Union Bank by the purchase of additional shares of the capital stock of Union Bank, a wholly owned subsidiary of the company, or by making a contribution to the capital of Union Bank. A portion of the proceeds was used to retire long-term indebtedness. The remainder was added to working capital and used for general corporate purposes.
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