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Orchids closes stock sale
PRYOR — Orchids Paper Products Co. has closed the sale of an additional 112,500 shares of its common stock at the public offering price of $18.50 per share. The shares were issued pursuant to the over-allotment option granted to Stephens Inc. as underwriter in Orchids’ previously announced offering of 750,000 shares of common stock completed on Aug. 26. The company received about $2 million from the sale of the additional shares. The earlier sale generated about $12.8 million. Orchids plans to use the money to build a warehouse, to buy and install a converting line, and for general corporate purposes.
Bark Busters looking for bite
Bark Busters, a dog training franchise, is looking for a bite in the Oklahoma City area. The company has targeted Oklahoma...
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