1987-09-14, English, Article, Journal or magazine article edition: GCA files $22M stock offer to holders as orders spurt. (company profile)

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Physical Description
  • company profile
  • Magazine/​Journal article
Published
  • Reed Business Information, Inc. (US), 1987 Sept 14
Language
  • English

Edition details

Title
  • GCA files $22M stock offer to holders as orders spurt. (company profile)
Also Titled
  • GCA files $22M stock offer to holders as orders spurt.
Appears In
  • Electronic News, v33, no.n1672, 1987 Sept 14, p46(1) (ISSN: 0013-4937)
Published
  • Reed Business Information, Inc. (US), 1987 Sept 14
Physical Description
  • company profile
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • GCA Corp has filed with the Securities and Exchange Commission for a $22 million offering of new common stock to its shareholders. The firm is seeking to finance a $21 million increase in orders between Jun 30 and the end of Aug, that has resulted in a backlog doubled to $39.6 million. Low sales in the 1st half of FY 1987 meant a 1st half $48 million rights offering, which was expected to cover operations through the end of 1988, did not then support the currently needed ramp-up. The offering will distribute stock purchase rights to current shareholders to be redeemed for new shares; 9 percent shareholder Hallwood Group Inc is committed to buy all shares not purchased by other stockholders. 1.4 to 1.9 million shares of new stock will be added to the current 9.5 million outstanding shares, whose market value will be slightly lowered. The offering should be complete by late Oct or early Nov 1987.
Language
  • English
Database
  • Gale Academic OneFile
  • Gale General OneFile
  • Gale Expanded Academic
Identifier
  • 5271200

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Library Access Call number(s) Formats held Language
Charles Sturt University. CSU Library - Electronic Resources (shared). Open to the public 001487612; Full Text Available; Gale Cengage Expanded Academic ASAP - Available from 1983 until 1990 Periodical; Journal, magazine, other English
Edith Cowan University. Edith Cowan University Library. Open to the public Periodical; Journal, magazine, other English
Griffith University. Griffith University Library. Open to the public .b14692065; Electronic Resource : Publ. may restrict Doc. Del. Periodical; Journal, magazine, other English
National Library of Australia. Open to the public 756421; Sf 338.47621381 ELE; Vol. 13, no. 645-v. 36, no. 1830 Aug. 6, 1956-Oct. 8, 1990 [Imperfect] Periodical; Journal, magazine, other English
Southern Cross University. University Library Lismore. Open to the public Electronic resource - Check catalogue for holdings Periodical; Journal, magazine, other English
State Library of NSW. Open to the public R NF621.38105/1; Vol. 19, no. 978 (3 June 1974)-v. 29, no. 1465 (3 Oct. 1983) Periodical; Journal, magazine, other English
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This single location in Australian Capital Territory:

Library Access Call number(s) Formats held Language
National Library of Australia. Open to the public 756421; Sf 338.47621381 ELE; Vol. 13, no. 645-v. 36, no. 1830 Aug. 6, 1956-Oct. 8, 1990 [Imperfect] Periodical; Journal, magazine, other English
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These 3 locations in New South Wales:

Library Access Call number(s) Formats held Language
Charles Sturt University. CSU Library - Electronic Resources (shared). Open to the public 001487612; Full Text Available; Gale Cengage Expanded Academic ASAP - Available from 1983 until 1990 Periodical; Journal, magazine, other English
Southern Cross University. University Library Lismore. Open to the public Electronic resource - Check catalogue for holdings Periodical; Journal, magazine, other English
State Library of NSW. Open to the public R NF621.38105/1; Vol. 19, no. 978 (3 June 1974)-v. 29, no. 1465 (3 Oct. 1983) Periodical; Journal, magazine, other English
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Library Access Call number(s) Formats held Language
Griffith University. Griffith University Library. Open to the public .b14692065; Electronic Resource : Publ. may restrict Doc. Del. Periodical; Journal, magazine, other English
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