The Valspar Corp. announced plans to sell 6 million shares of its stock in a public offering.
The Valspar Corp., Minneapolis, announced plans to sell 6 million shares of its stock in a public offering, part of a previously announced program in which the company said it would periodically issue various debt and equity securities up to a total value of $600 million. Proceeds from the stock sale will be used to pay down debt, the company said.
Company News: Valspar
April 27, 2001