Transactions
Feb. 23, 2000
Diversa Corp. Launches Successful Stock Offer
Cooley Godward DIVERSA CORP. LAUNCHES SUCCESSFUL STOCK OFFER The Diversa Corp. launched a successful IPO last week, as stock for the San Diego-based company more than doubled on the first day of trading, rising to $75 from its initial $24 a share. Diversa Corp., a genetics research company which frequently uses manure and industrial waste sites to clone DNA, expects to turn the more than 8 million shares it is offering into a hefty profit of $600 million.
Cooley Godward
DIVERSA CORP. LAUNCHES
SUCCESSFUL STOCK OFFER
The Diversa Corp. launched a successful IPO last week, as stock for the San Diego-based company more than doubled on the first day of trading, rising to $75 from its initial $24 a share. Diversa Corp., a genetics research company which frequently uses manure and...
DIVERSA CORP. LAUNCHES
SUCCESSFUL STOCK OFFER
The Diversa Corp. launched a successful IPO last week, as stock for the San Diego-based company more than doubled on the first day of trading, rising to $75 from its initial $24 a share. Diversa Corp., a genetics research company which frequently uses manure and...
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