This article was originally published in The Rose Sheet
Files shelf registration with Securities & Exchange Commission for $250 mil. of debt and equity securities. The filing "will allow [Chattem] to access the capital markets on a more immediate basis to fund internal growth and acquisitions" as well as "strengthen its balance sheet," the firm said. Chattem divested its Cornsilk cosmetics line in 1998 to focus on its key businesses - functional toiletries, antiperspirants and deodorants, OTCs and dietary supplements ("The Rose Sheet" May 18, 1998, p. 4)
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