EDO Files Public Offering Registration Statement
NEW YORK, Sept. 24 -- EDO Corp. has filed with the Securities and Exchange Commission (SEC) a registration statement for a public offering of its common stock. It is expected that a total of 4,000,000 shares will be offered, including 1,700,000 newly issued shares to be sold by EDO and 2,300,000 currently outstanding shares to be sold by the EDO Employee Stock Ownership Plan (ESOP), the company's qualified retirement plan, on behalf of the about 2,000 participants of the plan. First Union Securities Inc. and SG Cowen Securities Corporation, co-lead managers, will offer the shares. The...Read full article
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Published: September 2001