|
Article Excerpt
ELMSFORD, N.Y., and NAPERVILLE, Ill., Nov. 6 /PRNewswire/ -- AAH Holdings Corporation and Factory Card & Party Outlet Corp. today jointly announced that Amscan Acquisition, Inc., an indirect wholly-owned subsidiary of AAH Holdings Corporation, has purchased all of the shares validly tendered and not withdrawn pursuant to its tender offer for all of the outstanding shares of Factory Card & Party Outlet Corp. common stock at $16.50 per share, net to the seller in cash, without interest and less any required withholding taxes.
The tender offer and withdrawal rights expired at midnight, Eastern time, on November 5, 2007. According to the depositary for the offer, a total of 2,989,073 shares (representing approximately 86% of the outstanding shares), including 76,581 shares subject to guarantees of delivery, were tendered and not withdrawn prior to the expiration of the offer, and all such shares have been accepted for payment in accordance with the terms of the offer. Stockholders who validly tendered prior to the expiration of the offer and whose shares were not properly withdrawn will promptly receive the offer price of $16.50 per share, net to the seller in cash, without interest and less any...
|
|
More articles from PR Newswire
SkillSoft Releases 'Greening of IT' Consensus Report as Part of Its An..., November 06, 2007
$47.143 Million Loan From Kennedy Funding Helps Idyllic Community Take..., November 06, 2007
Private Placement completed for $507,500; Drilling underway at Okeover..., November 06, 2007
United reports second consecutive quarter of record sales., November 06, 2007
Target to Systematically Reduce Use of Toxic PVC in Infant Products, C..., November 06, 2007
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
