Drugstore.com
This article was originally published in The Rose Sheet
Executive Summary
Online retailer files for public offering of up to 6 mil. shares of common stock with the Securities & Exchange Commission Feb. 9. Drugstore.com is offering 4.5 mil. shares of common stock with selling stockholders offering 1.5 mil. shares. Underwriters Morgan Stanley Dean Witter, Donaldson, Lufkin & Jenrette Securities Corp., Salomon Smith Barney and Thomas Weisel Partners, may be granted an option to purchase up to an aggregate of 903,000 additional shares. The e-tailer opened its first day of trading July 28 (1"The Rose Sheet" Aug. 2, 1999, In Brief)
You may also be interested in...
Drugstore.com
Trading opened at $18 per share for 5 mil. shares July 28, and reached a high of 70 before closing at 50-1/4. The online retailer filed its initial public offering in May, with the expectation of raising $67.5 mil. (1"The Rose Sheet" May 31, In Brief). The offering was managed by Morgan Stanley Dean Witter, Donaldson, Lufkin & Jenrette and Thomas Weisel Partners
OCA Applauds Organic Board's Recommendation To USDA: "Outlaw Nanotech"
With a push from the Organic Consumers Association, the National Organic Standards Board is recommending that the use of nanotechnology be strictly prohibited from products certified under the National Organic Program
Beauty Claims Inch Closer To Pharma As Cosmeceutical Sector Expands
Though global market-size estimates differ, analysts at SupplySide West 2010 in Las Vegas agreed that cosmeceuticals remain a promising growth vehicle