Given Imaging to launch stock offering

Video-capsule manufacturer Given Imaging of Yoqneam, Israel, has filed a registration statement with the U.S. Securities and Exchange Commission for a secondary offering of stock.

The firm expects to sell 1.5 million ordinary shares, with existing shareholders expected to sell 1.005 million ordinary shares. The shareholders will sell up to 375,750 additional shares if the underwriters exercise their overallotment option, the company said.

Merrill Lynch, Pierce, Fenner & Smith and Citigroup Global Markets are acting as joint book-running managers for the offering, and CIBC World Markets and Wells Fargo Securities are co-managers.

By AuntMinnie.com staff writers
May 25, 2004

Related Reading

Given defends safety of capsule endoscopy, May 21, 2004

Given Imaging, InScope sign marketing deal, May 11, 2004

Given Imaging shows strong Q1, May 5, 2004

Given Imaging highlights DDW presentations, April 30, 2004

Given Imaging gets Cigna coverage, April 29, 2004

Copyright © 2004 AuntMinnie.com

Page 1 of 3462
Next Page