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Financings in Brief: Closure Medical

This article was originally published in The Gray Sheet

Executive Summary

Closure Medical: Medical tissue cohesive products firm completes secondary offering of 1.5 mil. shares at $12.875 per share, including 700,000 offered by a selling shareholder and 800,000 offered by the company ("The Gray Sheet" March 17, p. 11). Underwriters Lehman Brothers, Oppenheimer & Co. and Sands Brothers & Co. have an over-allotment option for 225,000 additional shares...
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