Charlotte Russe Holding
Ticker: CHIC
"If more than 4,000,000 shares are properly tendered, the shares tendered at or below the purchase price will be purchased on a pro rata basis, except for “odd lots” (lots held by beneficial owners of less than 100 shares), which will be purchased on a priority basis, and except for each conditional tender whose condition was not met, which we will not purchase"
Currently selling at a premium to the tender offer. - 2/26/2008
Original posted in the forum here.
The tender offer was extended to April 2, 2008. - 3/19/2008
Charlotte Russe (CHIC) to buy 4 mm shares at $18. Proration factor estimated to be about 43.6%.
Final results: The Company accepted 4,080,000 shares in the tender offer, at a price of $18.00 per share. The final proration factor for the offer will be 45.0 percent. - 04/09/2008
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