Edison Schools Announces Proposed Public Offering Wednesday, July 12, 2000 Edison Schools announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a public offering of its shares of class A common stock. The class A common stock to be offered will consist of 2,500,000 shares to be issued by Edison and 2,500,000 shares to be sold by certain stockholders of Edison. Edison will not receive any proceeds from the sale of shares by the selling stockholders. Certain stockholders of Edison will also grant the underwriters an over-allotment option to purchase up to 750,000 shares of class A common stock. The offering is being managed by Merrill Lynch & Co., Banc of America Securities LLC, Credit Suisse First Boston Corporation, Donaldson, Lufkin & Jenrette Securities Corporation and J.P. Morgan & Co. Back to News...