Electronics Online

Get plugged in with the latest electronics news


Electronics News Archive
Electronics News February 2007
Electronics News January 2007
Electronics News December 2006
Electronics News November 2006
Electronics News October 2006
Electronics News September 2006
Electronics News August 2006
Electronics News July 2006
Electronics News June 2006
Electronics News May 2006
Electronics News April 2006
Electronics News March 2006
Electronics News February 2006
Electronics News January 2006
Electronics News December 2005
Electronics News November 2005
Electronics News October 2005
Electronics News September 2005
Electronics News August 2005
Electronics News July 2005
Electronics News June 2005
Electronics News May 2005
Electronics News April 2005
Electronics News March 2005
Electronics News February 2005
Electronics News January 2005
Electronics News October 2004
Electronics News September 2004
Electronics News

Visit our Electronic Games section

Visit All-About-Electronics' we have lots of electronic games including online casino games pages. Although these days there are many gaming websites available on the net, not all of them combine high quality service with incredibly exciting casino offerings. It takes a lot of valuable time to filter the ones that are actually worth a player's attention from the ones that have nothing to offer. We are absolutely positive that you've already happened to play casino games that turned out to be dull and exceptionally boring. To spare you the disappointment, we have created a list of several of the hottest online gaming websites offering their customers the golden opportunity to play bingo games of superb quality and a wide range of other highly-praised casino games. In addition, the rising popularity of online poker reflected by many players' uncontrollable urge to play poker games encouraged us to include in our list the most prominent online poker rooms. All you have to do is visit these online casinos and have the time of your life!
 

Directed Electronics Prices Initial Public Offering

18 December 2005

Directed Electronics, Inc. (Nasdaq: DEIX), the largest designer and marketer of consumer branded vehicle security and convenience systems in the United States and a major supplier of car and home audio, mobile video and satellite radio products, announced today the pricing of its initial public offering of 9,375,000 shares of common stock at a price of $16.00 per share. Of the shares offered, 5,937,500 are being offered by Directed Electronics and 3,437,500 are being offered by shareholders of Directed Electronics. In addition, the selling shareholders have granted to the underwriters a 30-day option to purchase up to an additional 1,406,250 shares of common stock at the initial public offering price less the underwriting discount.
The offering is expected to close on December 21, 2005, subject to customary conditions. The Directed Electronics common stock is expected to begin trading on the NASDAQ National Market on December 16, 2005, under the symbol "DEIX."
The offering was led by Goldman, Sachs & Co. as book runner and J.P. Morgan Securities, Inc. as joint lead manager, with CIBC World Markets Corp., Wachovia Capital Markets, LLC and Citigroup Global Markets, LLC as co-managers of the offering.
The offering is being made by means of a prospectus, copies of which may be obtained, when available, from Goldman, Sachs & Co. by fax at 212-902-9316 or by email at prospectus-ny@ny.email.gs.com or from J.P. Morgan Securities, Inc. at One Chase Manhattan Plaza, Floor 5B, New York, NY 10018 (Tel: 212-552-5164).
About Directed Electronics
Directed Electronics is the largest designer and marketer of consumer branded vehicle security and convenience systems in the United States based on sales and a major supplier of home and car audio, mobile video, and satellite radio products. As the sales leader in the vehicle security and convenience category, Directed offers a broad range of products, including security, remote start, hybrid systems, GPS tracking, and accessories, which are sold under its Viper, Clifford, Python, and other brand names. Directed's car audio products include speakers, subwoofers, and amplifiers sold under its Orion, Precision Power, Directed Audio, a/d/s/, and Xtreme brand names. Directed also markets a variety of mobile video systems under the Directed Video and Automate brand names. In the home audio market, Directed offers Definitive Technology and a/d/s/ premium loudspeakers. In August 2004, Directed began marketing and selling certain SIRIUS-branded satellite radio products, with exclusive distribution rights for such products to Directed's existing U.S. retailer customer base.

Source: prnewswire


Author:  
Email:    
Topic:    
Content:

All trademarks and copyrighted information contained herein are the property of their respective owners.



Related Articles




 
Telecom News
Voip News
Hardware News
Monitors News
Smart Cell News
Storage News
Security News
Poker News
Casino News

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z