4/13/1983 - Guten Press (GUTN) - CORPORATE ANNOUNCEMENT
Guten Press (GUTN) has announced today the sale of 750,000 shares of common stock. The additional shares are priced at $17 per share. The proceeds from the sale are expected to be used by the company to repay old debts and provide cash for future investments in equipment and facilities.
About Guten Press (GUTN):
Guten Press is a technology and market leader in printing and supply-chain management. Guten Press provides a comprehensive combination of printing and imaging solutions to leading publishers and direct marketers, including advanced content management and other services. Guten Press's supply-chain management businesses provide a wide range of outsourcing capabilities to the world's largest technology companies. Services range from component procurement, product assembly and packaging to inventory control and global distribution.