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Financings in Brief: CardioThoracic Systems

This article was originally published in The Gray Sheet

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Executive Summary

CardioThoracic Systems: Developer of the Minimally Invasive Direct Coronary Artery Bypass (MIDCAB) system begins NASDAQ trading following initial public offering of 5.1 mil. shares of common stock for $18 per share. The offering was larger than anticipated by CTS, which indicated plans to offer 3.8 mil. shares when it filed a registration statement with SEC in March ("The Gray Sheet" March 11, p. 19)...

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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