Mal wieder ganz watt Neues. Am ersten Handelstag 20% plus. Ein schöner Start ins Börsenleben, Kurs 25 Dollar.
Die IPOs in den Staaten waren bislang überproportional gut, Netflix und Dicks Sporting Goods waren zwei davon. Da will ich mal das junge Börsenleben von DRCT verfolgen.
Gruss E.
chart.bigcharts.com/bc3/quickchart/...89&mocktick=1&rand=7219"
DIRECT GENERAL CORPORATION Announces Initial Public Offering of Common Stock
MONDAY, AUGUST 11, 2003 7:45 PM
- BusinessWire
NASHVILLE, Tenn., Aug 11, 2003 (BUSINESS WIRE) -- DIRECT GENERAL CORPORATION (DRCT) today announced that the initial public offering of 6,932,414 shares of its common stock has been priced at $21 per share. Direct General is offering 3,750,000 of the shares, and selling shareholders are offering the other 3,182,414 shares. Direct General will receive approximately $78.8 million of the total proceeds of approximately $145.6 million. In addition, the underwriters will have a 30-day option to purchase up to 1,039,862 shares of common stock from certain selling shareholders solely to cover over-allotments, if any.
The offering is being made through an underwriting syndicate led by book-running manager Keefe, Bruyette & Woods, Inc. and co-managers Morgan Keegan & Company, Inc., U.S. Bancorp Piper Jaffray Inc. and SunTrust Capital Markets, Inc. Copies of the final prospectus relating to the offering may be obtained from Keefe, Bruyette & Woods, Inc., The Equitable Building, 787 Seventh Avenue, 4th Floor, New York, New York 10019, Attention: Jeffrey D. Evans.
DIRECT GENERAL CORPORATION, through its subsidiaries, provides non-standard personal automobile insurance, premium finance and other insurance and non-insurance products and services. Its operations are concentrated in the southeastern part of the United States.
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the common stock in any state in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. The offering of these shares of common stock is made only by means of a written prospectus.
SOURCE: Keefe, Bruyette & Woods, Inc.
Direct General Corporation
Bill Harter, 901-541-3399
bill.harter@directins.com
www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.
Die IPOs in den Staaten waren bislang überproportional gut, Netflix und Dicks Sporting Goods waren zwei davon. Da will ich mal das junge Börsenleben von DRCT verfolgen.
Gruss E.
DIRECT GENERAL CORPORATION Announces Initial Public Offering of Common Stock
MONDAY, AUGUST 11, 2003 7:45 PM
- BusinessWire
NASHVILLE, Tenn., Aug 11, 2003 (BUSINESS WIRE) -- DIRECT GENERAL CORPORATION (DRCT) today announced that the initial public offering of 6,932,414 shares of its common stock has been priced at $21 per share. Direct General is offering 3,750,000 of the shares, and selling shareholders are offering the other 3,182,414 shares. Direct General will receive approximately $78.8 million of the total proceeds of approximately $145.6 million. In addition, the underwriters will have a 30-day option to purchase up to 1,039,862 shares of common stock from certain selling shareholders solely to cover over-allotments, if any.
The offering is being made through an underwriting syndicate led by book-running manager Keefe, Bruyette & Woods, Inc. and co-managers Morgan Keegan & Company, Inc., U.S. Bancorp Piper Jaffray Inc. and SunTrust Capital Markets, Inc. Copies of the final prospectus relating to the offering may be obtained from Keefe, Bruyette & Woods, Inc., The Equitable Building, 787 Seventh Avenue, 4th Floor, New York, New York 10019, Attention: Jeffrey D. Evans.
DIRECT GENERAL CORPORATION, through its subsidiaries, provides non-standard personal automobile insurance, premium finance and other insurance and non-insurance products and services. Its operations are concentrated in the southeastern part of the United States.
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the common stock in any state in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. The offering of these shares of common stock is made only by means of a written prospectus.
SOURCE: Keefe, Bruyette & Woods, Inc.
Direct General Corporation
Bill Harter, 901-541-3399
bill.harter@directins.com
www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.
