COMMERCIAL LABORATORIES may be regaining favor on Wall Street. Laboratory Corporation of America’s $500 million convertible stock offering not only sold out, but was over-subscribed by a huge amount. In addition to the 10 million convertible shares offered, subscription agreements and payments for an additional 3.98 million shares were tendered. Investor response to LabCorp’s offering […]
- "The Dark Index"
Shareholders Hugely Oversubscribe LabCorp’s $500 Million Offering
- By Robert Michel
- > From the Volume IV No. 9 - June 23, 1997 Issue
