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Ikon Office Solutions

Stock Name:
Ikon Office Solutions Inc
Ticker:
IKN
Tender Offer Min:
13.00
Tender Offer Max:
15.00
Last Trade:
13.51
Potential Gain Min:
-3
Potential Gain Max:
11
Expires:
Wed, 2007-12-19 23:59
Tender Amount:
Up to $295,000,000 in Value of Shares of its Common Stock
Stage:
Completed
Details:

"At this time, the Company expects that it will purchase approximately 22.69 million shares in the offer, at an expected price of $13 per share, for a total cost of approximately $295 million, excluding fees and expenses related to the tender.  The preliminary proration factor for the tender offer is expected to be approximately 93.7%. " - 12/20/2007

"On December 4, 2007, the Company, Wachovia Investments and Wachovia Capital Markets, LLC, amended the Commitment Letter to delete, as a condition precedent to Wachovia Investment’s commitment to purchase the New Notes, the consummation of the Offer pursuant to documentation reasonably satisfactory to Wachovia Capital Markets, LLC." - 12/7/2007

"we will purchase all shares tendered at or below the purchase price on a pro rata basis, except for “odd lots” (of less than 100 shares), which we will purchase on a priority basis (though tenders of less than all of the shares owned by an odd lot holder will not qualify for this priority)" - 11/21/07

Tribune

Company Name:
Tribune
Updated:
Fri, 2007-12-21 15:00
Method:
Merger
Tender Limit:
Unlimited
Tender Price:
34.00
Current Price:
0.00
Broker Held Shares:
OK
Vote Date:
Tue, 2007-08-21 09:00
Phase:
Completed
SEC Filings:
Notes:

Ticker: TRB

On August 21, 2007, at the special meeting of shareholders of the Company, shareholders voted to adopt the Merger Agreement and approve the Merger. A total of 82,631,710 shares, or 97.4 percent of the shares voted, were cast in favor of the Merger, representing 64.9 percent of the total shares outstanding and entitled to vote at the meeting.

Kaiser Group

Company Name:
Kaiser Group
Symbol:
KGHI.PK
Updated:
Mon, 2007-12-17 21:00
Method:
Reverse Stock Split
Tender Limit:
Less than 100
Tender Price:
29.80
Current Price:
27.50
Percent Gain:
4
Broker Held Shares:
OK
Vote Date:
Wed, 2008-01-09 17:00
Phase:
Completed
SEC Filings:

PRA International

Company Name:
PRA International
Updated:
Thu, 2007-12-13 23:00
Method:
Merger
Tender Limit:
Unlimited
Tender Price:
30.50
Current Price:
30.53
Broker Held Shares:
OK
Vote Date:
Thu, 2009-12-31 23:00
Phase:
Completed
SEC Filings:
Notes:

Ticker: PRAI

They anticipate that it will be completed in the fourth calendar quarter of 2007.

Price closed at $28.65 on 8/28/2007.

Upgrade Update

You might have noticed that Fat Pitch Financials Contributor's Corner is running quite a bit faster and more reliably.  I upgraded the web hosting provider for my sites. Moving Contributor's Corner to the new web host was a bit tricky, but I think it was worth the effort and extra expense. That server upgrade completes phase one of my plans.

Phase 2 involves upgrading the software that runs Contributor's Corner. Some of the basic programming for this upgrade was completed last week. Next I will be creating the new more flexible data structure for Contributor's Corner. After that, I will be testing how the archives will be migrated over to the new site. Finally, I'll invite a few members to test out the new site so I can work out all the bugs.

Orion HealthCorp

Company Name:
Orion HealthCorp
Updated:
Mon, 2007-12-10 21:00
Method:
Reverse/Forward Stock Split
Tender Limit:
Less than 2,500
Tender Price:
0.23
Current Price:
0.00
Percent Gain:
43
Broker Held Shares:
OK
Vote Date:
Thu, 2007-11-29 09:00
Phase:
Completed
SEC Filings:
Notes:

Ticker: ONH

Orion HealthCorp has completed its reverse forward split, with an ex-date of 12/10.

Stockholders have approved the proposal! 11/29/2007

Q:

 WHAT IF I HOLD SHARES IN STREET NAME?
 
A:  We intend to treat stockholders holding our Class A Common Stock in street name through a nominee (such as a bank or broker) in the same manner as stockholders whose shares are registered in their names. Nominees may have different procedures, however, and stockholders holding shares of Class A Common Stock in street name should contact their nominees. Please read the discussion under “The Proposed Amendment — Conversion of Shares in the Transaction,” beginning on page 42, for a description of the treatment of shares held in street name.
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