16.08.2013 01:31:40
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Mandalay Digital Plans Stock Offering
(RTTNews) - Mandalay Digital Group, Inc. (MNDL) said Thursday that it plans to commence a public offering of its common stock.
The company said it plans to use the net proceeds from the offering for general corporate purposes, including working capital and operations, and debt repayment.
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., is acting as the sole book-running manager in connection with the offering.
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