P.A.M. Plans to Offer 3.5 Million Shares
by March 4, 2002 12:00 am 75 views
P.A.M. Transportation Services Inc. of Tontitown plans a second issuance of stock. The firm said Feb. 20 that it would offer about 3.5 million shares of stock with proceeds going to reduce debt.
The trucking company has about 8.5 million outstanding shares of common stock.
P.A.M. said 2.1 million shares of the stock will be issued and sold. About 1.4 million shares of its common stock also will be sold by certain stockholders.