NU Online News Service, Dec. 28, 2004, 3:43 p.m. EST
A large Chattanooga, Tenn., disability insurer says it is leaving its capital-raising options open.[@@]
UnumProvident Corp. is filing a Form S-3 shelf registration statement with the U.S. Securities and Exchange Commission.
Large companies file shelf registration statements, or registration statements not tied to specific plans to raise capital, to avoid lengthy bureaucratic delays when they do want to raise capital.