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Technology / AI and automation

SHARE & BOND ISSUES

EZ Communications Inc, Fairfax, Virginia communications services company, got its initial public offering of 3.4m shares of class A common stock, 2.75m of them new, away at $13 a share per share. The company plans to use net proceeds of $33m or so to reduce the sum outstanding on its revolving credit agreement. The lead underwriters for the issue were First Boston Corp and Alex Brown & Sons Inc.

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