Enzon Inc. (NASDAQ:ENZN) of Piscataway, N.J., announcedThursday that it has filed a registration statement with theSecurities and Exchange Commission for a proposed publicoffering of 1.6 million shares of convertible exchangeablepreferred stock. Prudential Securities Inc. will underwrite theoffering.
Under the terms of the offering, holders of preferred stock willhave the option to convert to common shares at a rate to bedetermined.
(c) 1997 American Health Consultants. All rights reserved.