Sentences with phrase «share in cash tender»

Not exact matches

Herbalife also announced a self - tender offer to buy as much as $ 600 million of its own shares that comes with a contingent cash payment if Herbalife is acquired in a private transaction within two years.

Aurora will issue about 50.6 million shares and pay about $ 98 million in cash for the CanniMed Shares tendered as of Thushares and pay about $ 98 million in cash for the CanniMed Shares tendered as of ThuShares tendered as of Thursday.

Under the terms of the agreement, a subsidiary of HPE will commence a tender offer to purchase any and all of the outstanding shares of Nimble common stock for $ 12.50 per share in cash.

· First, all stockholders who desire liquidity will have the immediate ability to cash out of their investment in Avigen and receive a payment of $ 1.00 per share by tendering their shares into the BVF tender.

Assuming the conditions to this Offer are satisfied, stockholders would have the choice of (i) tendering their Shares and receiving a fixed cash payment upon the closing of the Offer at a premium to the market price on the day prior to both the announcement of the Offer and the announcement we were seeking to remove the incumbent members of the Board and to elect the Nominees, or (ii) maintaining their investment in the Company and participating in the proposed merger with MediciNova, if it occurs.

Avigen, Inc. (Nasdaq: AVGN), a biopharmaceutical company, today confirmed that BVF Acquisition LLC, a wholly owned subsidiary of Biotechnology Value Fund, L.P. (collectively, «BVF»), had commenced an unsolicited tender offer to purchase all of the outstanding shares of Avigen's common stock that BVF does not already own for $ 1.00 per share in cash.

Mark Lampert, the general partner of BVF, stated, «The tender offer provides stockholders with a choice if BVF's nominees are elected to the Board: they can either tender their shares for near - term cash at a premium to the market price or they can retain their shares and participate with BVF in the future of Avigen, whether through a merger with MediciNova, as hoped, or otherwise.

In the presentation, MATH's board discusses in some detail its rationale for recommending that stockholders reject Tiberius Capital's $ 1.25 per share cash tender offeIn the presentation, MATH's board discusses in some detail its rationale for recommending that stockholders reject Tiberius Capital's $ 1.25 per share cash tender offein some detail its rationale for recommending that stockholders reject Tiberius Capital's $ 1.25 per share cash tender offer.

Tiberius Capital has also launched a tender offer for MATH at $ 1.25 per share in cash.

Most famously and dramatically, the shareholders in Blue Chip Stamps that failed to tender their shares in exchange for Berkshire Hathaway stock in 1983 would only be entitled to $ 700 per share in cash for each share rather than the $ 300,000 per share price of Berkshire Hathaway stock today (though this was in connection with the fractional shares of an acquisition rather than reverse split).

Yeah, going back to that about $ 1.75 cash you have on the balance sheet with the stock trade $ 0.80, and we're willing to buy back stock at $ 1.53, why will you not contemplate, and you have a 4 million share repurchase authorized, why won't you engage in privately negotiated transactions, or a Dutch auction tender offer?

In addition, share tender / buybacks are obviously a great way of returning Zamano's surplus cash pile to shareholders in a value - enhancing manneIn addition, share tender / buybacks are obviously a great way of returning Zamano's surplus cash pile to shareholders in a value - enhancing mannein a value - enhancing manner.

Enough is enough, and «synergies» be damned... the division's better off sold (a larger competitor could still afford to pay a nice price), and the proceeds / cash on hand invested in i) a share tender offer, and ii) bolt - on acquisitions.

To avoid endless disagreement, and / or a significantly undervalued tender offer / buyout, shareholders agreed NTR will use its available cash to fund a share redemption, so shareholders will realise in cash virtually all their current investment in NTR (based on current share price).

Tiberius Capital has a tender offer for MATH at $ 1.25 per share in cash expiring on July 20.

To tender your shares and receive $ 1.20 per share in cash, BVF's nominees must be elected.

Here's one potential 5 year share price trajectory: Assume an immediate tender offer (at say, a 30 % premium), with all subsequent free cash flow utilised for ongoing share buybacks, and no change in the current 0.6 P / S multiple:

Today, our wholly - owned subsidiary has commenced a tender offer that provides stockholders with an opportunity to sell shares at $ 0.35 per share in cash.

AUSTIN, Texas, April 20, 2009 — Trilogy Enterprises, Inc. («Trilogy»), a provider of technology powered business services to the automotive industry, today announced that its wholly - owned subsidiary, Infield Acquisition, Inc., has commenced a tender offer to acquire all of the outstanding shares of common stock of Autobytel Inc. (Nasdaq: ABTL) for $ 0.35 net per share in cash.

In this instance, share buybacks & tenders clearly offer the most compelling & attractive utilization of all cash raised (except EUR 5.9 mio for debt reduction).

Also reflects the fact that Conwert's only tendering up to 93 % of KWG's shares — so there's a chance you get pro-rata'd & end up with about a third of your holding trapped in a delisted company — this is likely encouraging some shareholders to sell also — although there may be a shareholder bloc which has indicated it intends to remain invested, so Conwert may expect to cash out all other shareholders fully.

L.P. (together with affiliates, «KKR») announced that they have signed an investor agreement under which KKR will launch a voluntary public tender offer for all outstanding publicly - traded shares of GfK for EUR 43.50 per share in an all - cash transaction.

If more than 66.6 percent of the outstanding preferred shares are tendered, then Brookfield will have the right to convert all of the untendered preferred shares at the price in cash offered in the tender offer, without interest.

The agreement also provides that a Brookfield subsidiary will commence a tender offer to purchase all of MPG's outstanding preferred shares for $ 25.00 per share in cash, without interest.

In a letter from Simon and Farallon to the Mills board today, the two firms propose a $ 24 per share cash tender offer for Mills» common stock, and an opportunity for Mills» shareholders to exchange their stock for shares of Simon Property Group at a price to be determined at the signing of the merger agreement.