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Chattem offering

Executive Summary

Consumer products marketer is postponing public offering of 1.8 mil. shares due to unfavorable market conditions, Chattem says June 28. Chattem initially announced plans for the offering June 17 and had expected to complete it by early July. Offering was estimated to net $60 mil., which would be used to retire bank debt and fund future acquisitions (1"The Rose Sheet" June 24, 2002, p. 12)...
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