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Signature Eyewear Inc

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BUSINESS
June 27, 1997 | (Bloomberg News)
Signature Eyewear Inc. filed with the Securities and Exchange Commission for the initial sale of 1.8 million shares of common stock. The Inglewood-based eyeglass-frame maker plans to sell 1.6 million shares at $9 to $11 a share, while 200,000 more shares will be sold by individual shareholders. An $11 share price for the company's 5.2 million total shares outstanding would place Signature's market value at $57.2 million.
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CALIFORNIA | LOCAL
June 29, 1999
Eyewear maker California Design Studios, Westlake Village, has been acquired by Signature Eyewear in Inglewood for $9 million, including $1.1 million in cash, a promissory note and other deferred payments and the assumption of $6.15 million of the company's debt. Founded in 1992, California Design Studios is privately owned with total assets of approximately $4.6 million.
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CALIFORNIA | LOCAL
June 29, 1999
Eyewear maker California Design Studios, Westlake Village, has been acquired by Signature Eyewear in Inglewood for $9 million, including $1.1 million in cash, a promissory note and other deferred payments and the assumption of $6.15 million of the company's debt. Founded in 1992, California Design Studios is privately owned with total assets of approximately $4.6 million.
BUSINESS
March 30, 1999 | LESLIE EARNESTa, TIMES STAFF WRITER
In a departure from its normal business strategy, Oakley Inc. said Monday it will sell its high-tech lenses to frame maker Signature Eyewear for a new line of sunglasses. Inglewood-based Signature will use the lenses to make Eddie Bauer sunglasses, which will be available for sale early next year. The agreement is unusual for Oakley, which fiercely guards the technology used in its products.
BUSINESS
March 30, 1999 | LESLIE EARNESTa, TIMES STAFF WRITER
In a departure from its normal business strategy, Oakley Inc. said Monday it will sell its high-tech lenses to frame maker Signature Eyewear for a new line of sunglasses. Inglewood-based Signature will use the lenses to make Eddie Bauer sunglasses, which will be available for sale early next year. The agreement is unusual for Oakley, which fiercely guards the technology used in its products.
BUSINESS
February 4, 1998 | JENNIFER PENDLETON, SPECIAL TO THE TIMES
Eyeglasses are fashionable these days. Just look at Michelle Pfeiffer or Eric Clapton. Considering that 90% of us require vision correction by age 45, it's easy to understand why aging baby boomers would welcome that trend, and why it's one that Bernard Weiss has kept an eye on. Seven years ago Weiss transformed his tiny telemarketing company into a distributor of brand-name optical wear.
BUSINESS
February 4, 1998 | JENNIFER PENDLETON, SPECIAL TO THE TIMES
Eyeglasses are fashionable these days. Just look at Michelle Pfeiffer or Eric Clapton. Considering that 90% of us require vision correction by age 45, it's easy to understand why aging baby boomers would welcome that trend, and why it's one that Bernard Weiss has kept an eye on. Seven years ago Weiss transformed his tiny telemarketing company into a distributor of brand-name optical wear.
BUSINESS
June 27, 1997 | (Bloomberg News)
Signature Eyewear Inc. filed with the Securities and Exchange Commission for the initial sale of 1.8 million shares of common stock. The Inglewood-based eyeglass-frame maker plans to sell 1.6 million shares at $9 to $11 a share, while 200,000 more shares will be sold by individual shareholders. An $11 share price for the company's 5.2 million total shares outstanding would place Signature's market value at $57.2 million.
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