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Financings in Brief: Selfcare

This article was originally published in The Gray Sheet

Executive Summary

Selfcare: Files registration statement with the Securities and Exchange Commission for a public offering of 2 mil. shares being managed by: Lehman Brothers; Dillon, Read & Co.; and A.G. Edwards & Sons. Selfcare, which went public in a 1.3 mil. share offering completed in August 1996, is a manufacturer of "self-test" diagnostics for diabetes, women's health and infectious diseases. The IPO turned out to be smaller than the Waltham, Massachusetts firm had expected. Underwriters for the secondary have an over-allotment option covering an additional 300,000 shares...
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