Dreyer's has ended its put period--when shareholders of Dreyer's Class A Callable Puttable Common Stock
could sell up at purchase price.
Examples are convertible bonds and puttable common stock
Dreyer's") (NNM:DRYR) announced today that, as a result of the exercise of a put right (the "Put Right") by certain holders of Dreyer's Class A Callable Puttable Common Stock
(the "Class A Shares.
Holders of Class A Callable Puttable Common Stock
will be permitted to sell some or all of their shares to Dreyer's Holdings for $83.
Dreyer's") (NNM:DRYR) announced today that the period during which holders of shares of Dreyer's Class A Callable Puttable Common Stock
(the "Class A Shares time on January 13, 2006 (the "Expiration Time").
Nasdaq: SHCID) today announced it will be redeeming its callable puttable common stock
and its affiliates (collectively, Nestle) have filed revised preliminary materials with the Securities and Exchange Commission ("SEC") concerning the provisions set forth in Dreyer's amended and restated certificate of incorporation (the "Restated Certificate") under which holders of Dreyer's Class A Callable Puttable Common Stock
(the "Class A Shares federal securities laws, as permitted under these circumstances by the Restated Certificate.
Accounts payable $ 1,484 $ 1,335 Accured expenses 5,784 2,759 Deferred revenues 3,346 2,358 Line of credit 211 Note payable 557 TOTAL CURRENT LIABILITIES 11,382 6,452 REDEEMABLE PREFERRED STOCK PUTTABLE COMMON STOCK
Accounts payable $ 1,587 $ 1,335 Accured expenses 5,456 2,759 Deferred revenues 3,526 2,358 Line of credit 589 Note payable 557 TOTAL CURRENT LIABILITIES 11,715 6,452 REDEEMABLE PREFERRED STOCK PUTTABLE COMMON STOCK
Accounts payable 1,335 886 Note payable 3,325 Deferred revenues 2,358 1,662 Accrued liabilities 2,759 1,446 Total current liabilities 6,452 7,319 Redeemable preferred stock 2,943 Puttable common stock
The remaining common stock is represented by the newly issued callable puttable common stock
issued in the merger to existing SHCI shareholders.
If the Merger is completed, each stockholder (other than Nestle and its affiliates) who holds shares of the company's Common Stock at the effective date of the Merger will receive one share of Class A Callable Puttable Common Stock
of New Dreyer's for each share of the company's Common Stock.