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This article was originally published in The Tan Sheet
Consumer products marketer's public offering of 1.8 mil. shares postponed due to unfavorable market conditions, Chattem says June 28. Firm initially announced plans for the offering June 17 and expected its completion by early July. Offering was estimated to net $60 mil., which would be used to retire bank debt and fund future acquisitions (1"The Tan Sheet" June 24, 2002, p. 8)...
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