The Company has been informed by the depositary that the proration factors for the tender offers
are approximately 23.7% and 22.4%, respectively, for the Class B tender offer
and Class C tender offer
Each of the Tender Offers
will expire at 11:59 P.M., New York City time, on July 10, 2017, unless extended (such date and time, as it may be extended, the "Expiration Date") or earlier terminated by the company in accordance with the terms of the Offer to Purchase.
Morgan Securities LLC are the dealer managers for the tender offers
The first group includes traditional insiders (such as the offering company, the target company and their respective officers, directors, partners, employees, advisers and anyone acting on their behalf) plus each person who gets material information about the tender offer
and knows or has reason to know the information is nonpublic.
Rights will be considered similar only if the principal purpose for the adoption of the plan providing for the rights is to establish a mechanism by which a publicly held corporation can subsequently provide shareholders with rights to purchase stock at substantially less than fair market value as a means of responding to unsolicited tender offers
. Excepting poison pill rights from the option attribution rules is effective for all poison pill rights, regardless of a plan's adoption date.
These results indicate that 19,664,945 ordinary shares, reportedly representing 95.37% of the voting rights and the share capital of ILOG on an issued and outstanding basis as of 24 November 2008, have been tendered into the tender offers
As a result, mini-tender offers do not provide investors with the same level of protections provided by larger tender offers
under US securities laws, AEP said.
M2 EQUITYBITES-February 5, 2019-IMH Financial reports final results of tender offers