Wickes Cos. set the price on its warrants.
The Santa Monica-based company said that, under the formula contained in its warrant agreement, it has set the price at $4.43 for the company’s 11.99 million outstanding warrants issued under its plan of reorganization. Each warrant entitles the holder to purchase one share of Wickes common for $4.43 a share at any time through Jan. 26, 1992. The exercise price is subject to adjustment in case of stock splits or similar events.
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