Financings in Brief: ThermoTrex
This article was originally published in The Gray Sheet
Executive Summary
ThermoTrex: Firm's Trex Medical subsidiary begins rights offering under which shareholders of ThermoTrex receive 0.10 rights per share of ThermoTrex to purchase one share of Trex Medical at its initial offering price. Trex Medical filed a registration statement in April for its IPO ("The Gray Sheet" April 8, p. 18). The rights are exercisable through June 24, 1996. Closing of the rights offering is contingent upon closing of the initial Trex Medical public offering...