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Spectratek Technologies Inc

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October 24, 1997 | Bloomberg News
Spectratek Technologies Inc., maker of holographic films used in packaging and decorative products, filed for a $25-million initial public offering. The Los Angeles-based company didn't reveal the number or price of shares or how much of the company is for sale, although the filing said the firm's top four executives will hold majority control. The company plans to use $350,000 of the stock proceeds to repay its outstanding credit-line debt.
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