51. Boston Beer said it would use its proceeds from the stock sale for capital expenditures, debt repayment, working capital, and other general corporate purposes. 52. Both companies said they planned to use the proceeds to reduce debt. 53. Bradesco will use proceeds from the bond for its domestic lending business, Bornia said. 54. Bolster records how one black seaman used the proceeds from a voyage to the West Indies to purchase the freedom of his wife, a slave in Virginia. 55. Bond proceeds would be used to restore urban parks, buy or get permanent easements on suburban open space and clean up abandoned industrial sites in the inner city. 56. A company spokesman said proceeds will be used for general corporate purposes. 57. A few have even sold assets and used the proceeds for stock buybacks. 58. A Morgan Capital spokesman said Exito will use the proceeds of the stock sale to modernize existing outlets and open new stores. 59. A third scenario envisions Roche using proceeds from the stock sale to acquire other biotech or pharmaceutical firms. 60. Acer Computer International will use the proceeds of the offering to fund expansion, repay debt and increase working capital. |