Dial's Consumer Products Group spin-off to be followed by $100 mil. stock offer.
This article was originally published in The Rose Sheet
DIAL CONSUMER SPIN-OFF PLANNING ADDITIONAL $100 MIL. STOCK OFFER within six-to-12 months of the completion of the consumer products business spin-off, according to a registration statement filed with the Securities and Exchange Commission June 5. Dial said it would use the upcoming stock offering to grow its consumer business by raising capital for acquisitions and internal expansion.
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