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WMS Industries slates new stock issue.
WMS Industries slates new stock issue
WMS Industries, parent company of Williams Hospitality Management Corp., is planning to issue 1.8 million shares within the next four to five weeks in order to raise $32 million in capital. The company filed a registration form last week with the Securities and Exchange Commission for the new stock offering.
"The shares will be used to retire outstanding debts and raise working capital," according to Stuart Carlisle of Dewe Rogerson Inc. of New York, the investment relations firm representing WMS Industries. Carlisle also explained that any remaining net proceeds will be used to repay amounts outstanding under the company's …
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- Williams Hospitality parent releases figures. (earnings of WMS Industries...
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Magazine article from: Caribbean Business
Roman, Elizabeth
September 12, 1991
700+ words
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- WMS Industries reports significant increase. (WMS industries Inc.)
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Magazine article from: Caribbean Business
Roman, Elizabeth
October 31, 1991
700+ words
