| 0 |
WSJ891102-0119
= 891102
891102-0119.
Integra-A Rights Offering
11/02/89t21
WALL STREET JOURNAL (J)
ITGR HWG
IRVING, Texas
| 1 |
Integra-A Hotel amp Restaurant Co.
saide1
its
plannede2044
rights
offeringe1995
to
raisee2
about
$9 million
was
declarede3
effective and the company will
begine4
mailinge1996
materials to shareholders at
the end of this weekt23
.
| 2 |
Under the
offere1997
, shareholders will
receivee5
one right for each
105
common shares
ownede6
.
| 3 |
Each
righte2000
entitlese7
the shareholder to
buye8
$100
face amount of
13.5%
bonds due
1993t24
and
warrantse1998
to
buye9
23.5
common shares at
30 cents
a share.
| 4 |
The
rightse2001
, which
expiree10
Nov. 21t25
, can be exercised for
$100
each.
| 5 |
Integra
, which owns and operates hotels,
saide15
that
Hallwood Group Inc.
has
agreede16
to
exercisee17
any rights that are n't
exercisede18
by other shareholders.
| 6 |
Hallwood
, a Cleveland merchant bank,
ownse2002
about
11%
of
Integra
.
| | | | | | |