Belk Inc Class A
Ticker: BLKIA.PK
They are also buying 750,000 shares of Class B shares.
Odd Lots. We will first purchase shares from all holders of “odd lots” of an aggregate of less than 100 Class A shares and Class B shares who properly tender all of their shares.
Upon the terms and subject to the conditions of the Offer, we will accept for payment, without proration, all shares validly tendered on or prior to the Expiration Date by or on behalf of stockholders who beneficially held, as of the close of business on April 11, 2008, and continue to own beneficially as of the Expiration Date, an aggregate of fewer than 100 shares of Class A common stock and Class B common stock (“Odd Lot Owners”).
"The Offer expired at 12:00 midnight, E.D.T., on May 21, 2008. A total of 520,063 shares of Class A common stock were tendered by 41 stockholders and a total of 352,895 shares of Class B common stock were tendered by 57 stockholders pursuant to the Offer. Effective May 22, 2008, Belk accepted for purchase all of the tendered shares of Class A and Class B common stock at the purchase price of $25.60 per share. " - 05/28/2008
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