Financings in Brief: PerSeptive Biosystems
This article was originally published in The Gray Sheet
Executive Summary
PerSeptive Biosystems: Redeems 1,000 shares of preferred stock held by Millipore for 1.25 mil. shares of common stock valued at $8 each. The preferred stock was issued in connection with the acquisition of Millipore's BioSearch division by PerSeptive in August 1994 ("The Gray Sheet" July 18, 1994, In Brief). The payment is valued at $10 mil...