Ikon Office Solutions
Ikon Office Solutions Inc
IKN
13.00
15.00
13.51
-3
11
Up to $295,000,000 in Value of Shares of its Common Stock
Completed
"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
- Login to post comments
