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HolidayBuyer's Guide
Mobile

Short Take: Rhythms makes secondary offering

Rhythms NetConnections completed a secondary stock offering of more than 3.9 million common shares priced at $29 each. The shares were sold primarily by warrant holders in connection with the company's May 1998 13.5 percent senior discount note offering. Rhythms is a national competitive phone company that offers high-speed digital subscriber line (DSL) Internet connections.

Rhythms NetConnections completed a secondary stock offering of more than 3.9 million common shares priced at $29 each. The shares were sold primarily by warrant holders in connection with the company's May 1998 13.5 percent senior discount note offering. Rhythms is a national competitive phone company that offers high-speed digital subscriber line (DSL) Internet connections.