InterParfums To Launch Public Offering of Common Stock
October 31, 2005
Inter Parfums, Inc. announced that certtain of its stockholders intend to offer 4,336,050 shares of its common stock in a public offering. The selling stockholders are LV Capital USA, Inc. chairman and CEO Jean Madar and vice chairman and president Philippe Benacin. In addition, Mr. Madar and Mr. Benacin intend to grant the underwriters a 30-day option to purchase up to an additional 650,408 shares of Inter Parfums common stock to cover over-allotments, if any. Inter Parfums will not receive any proceeds of the sale of its common stock by the selling stockholders.