CHICAGO, June 11 /PRNewswire/ -- Borg-Warner Security Corporation
(NYSE: BOR) today announced that a group of Merrill Lynch affiliated entities
intends to sell up to 4,790,136 of its remaining shares of the company's stock
in an underwritten public offering. The offering will be lead managed by
Merrill Lynch & Co. and co-managed by CIBC World Markets, Credit Suisse First
Boston and Lehman Brothers.
Offers can only be made by means of a prospectus. Copies of the
preliminary prospectus supplement and accompanying prospectus can be obtained
from the managers.
Borg-Warner Security Corporation is North America's largest provider of
physical security and related services with 75,000 employees and more than 300
offices throughout the United States, Canada, the United Kingdom and Colombia.
The company offers a complete range of security solutions including armed and
unarmed physical security, foot and vehicle patrol, access control and
monitoring, background and drug screening, investigative services, contract
staffing, and other specialized security services.
For a copy of this press release or for additional information on the
company, contact the company's web site at http://www.Borg-WarnerSecurity.com or
http://www.prnewswire.com .
SOURCE Borg-Warner Security Corporation
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Related links:
http://www.Borg-WarnerSecurity.com
Company News On-Call:
http://www.prnewswire.com/comp/120940.html or fax,
800-758-5804, ext. 120940
CONTACT:
analysts, Jeff Cartwright, 312-322-8836, or
media, Lynne Glovka, 312-322-8511, both of Borg-Warner Security
Corporation
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