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Ditech Networks

Stock Name:
Ditech Networks, Inc.
Ticker:
DITC
Tender Offer Min:
4.90
Tender Offer Max:
5.50
Last Trade:
5.20
Potential Gain Min:
-5
Potential Gain Max:
5
Expires:
Fri, 2007-09-28 17:00
Tender Amount:
Up to 9,100,00 Shares
Stage:
Completed
SEC Filings:
Details:

The tender offer was not oversubscribed, 7,410,824 shares were validly tendered and not withdrawn, and the purchase price for the tender offer is $5.50 per share. - 10/4/2007

If I own fewer than 100 shares of common stock subject to the tender offer and I tender all of my shares, will I be subject to proration?

        If you beneficially own fewer than 100 shares of our common stock, in the aggregate, you properly tender all of these shares at or below the purchase price and do not properly withdraw them prior to the expiration date for the tender offer and you complete the section entitled "Odd Lots" in the letter of transmittal and, if applicable, in the notice of guaranteed delivery, we will purchase all of your shares of our common stock without subjecting them to the proration procedure. See Section 1.

How will Ditech Networks pay for the shares?

        We will purchase shares in the tender offer, and pay related fees and expenses, with our available cash resources. Financing is not a condition of the tender offer.

 

Originally posted in the forum under Ditech Networks, Inc. (DITC).

Northway Financial

Company Name:
Northway Financial Inc
Updated:
Wed, 2007-09-26 22:00
Method:
Reverse/Forward Stock Split
Tender Limit:
Less than 400
Tender Price:
37.50
Current Price:
0.00
Percent Gain:
8
Broker Held Shares:
OK
Vote Date:
Tue, 2007-08-28 14:00
Phase:
Completed
SEC Filings:
Notes:

Ticker: NWFI

The annual meeting was moved to August 28, 2007. - 6/20/07

"Northway intends for the split transaction to affect "street name" stockholders the same as those holding shares in a record account, and nominees will be asked to effect the split transaction for their beneficial owners." - 4/16/2006 Preliminary Proxy

See the forum post for additional info.

Closing price on 4/16/2006 was $33.71

Magna International

Stock Name:
Magna International
Ticker:
MGA
Tender Offer Min:
76.50
Tender Offer Max:
91.50
Last Trade:
89.75
Potential Gain Min:
-14
Potential Gain Max:
1
Expires:
Thu, 2007-09-20 17:00
Tender Amount:
Up to 20,000,000 of its class A subordinate voting shares
Stage:
Completed
SEC Filings:
Details:
Magna confirmed
that it has purchased for cancellation 11,908,944 Class A Subordinate Voting
Shares, representing 9.2% of its currently issued and outstanding Class A
Subordinate Voting Shares, at U.S.$91.50 per share for an aggregate purchase
price of approximately U.S.$1.1 billion. - 9/26/2007

Agilysys

Stock Name:
Agilysys
Tender Offer Min:
16.25
Tender Offer Max:
18.50
Last Trade:
18.50
Potential Gain Min:
-12
Expires:
Wed, 2007-09-19 17:00
Tender Amount:
Up to 6,000,000 of its Common Shares
Stage:
Completed
SEC Filings:
  • Final Results - 9/26/2007
  • Preliminary Results - 9/20/2007
  • Tender Offer Amendment - 9/17/2007
  • Tender Offer Statement - 8/21/2007
  • Details:

    Ticker: AGYS

    Agilysys expects to accept for purchase 4,722,811 of its common shares at a purchase price of $18.50 per share, for a total cost of approximately $87.4 million, excluding fees and expenses related to the tender offer. - 9/20/2007

    “On September 14, 2007, the Company announced that it had entered into a Rule 10b5-1 Plan to facilitate the repurchase of shares pursuant to the open market repurchase program.” - 9/17/2007

    "If more than 6,000,000 Shares are tendered and not properly withdrawn, then we will purchase all Shares tendered at or below the purchase price on a pro rata basis, except for “odd lots” (lots of less than 100 Shares), which we will purchase on a priority basis, and except for each conditional tender whose condition was not met, which we will not purchase."

    First discussed in the forum under the topic, Agilysys, Inc. (AGYS).

    Middleton Doll Company

    Stock Name:
    Middleton Doll Company
    Ticker:
    DOLLP.OB
    Tender Offer Min:
    14.00
    Tender Offer Max:
    14.00
    Last Trade:
    13.95
    Expires:
    Thu, 2007-09-13 17:00
    Tender Amount:
    Up To 300,000 Shares
    Stage:
    Completed
    SEC Filings:
  • Final Results - 9/19/2007
  • Tender Offer Statement - 8/15/2007
  • Details:

    The company will purchase all 38,827 shares of preferred stock at $14.00 per share. - 9/19/2007

    Q:

    What happens if more than 300,000 shares are properly tendered in the offer? (Section 1)


    A:

    We may not purchase all of the shares that you tender in our offer. If more than 300,000 shares are tendered, we will purchase shares first from shares properly tendered by any shareholder who owns fewer than 100 shares and who tenders all such shares and then from all shareholders who properly tender shares, on a pro rata basis. We will announce this proration percentage, if proration is necessary, after our offer expires. We also reserve the right to purchase additional shares, subject to applicable legal requirements.

     

    Originally posted here in this forum discussion.

    Hewitt Associates

    Stock Name:
    Hewitt Associates Inc
    Tender Offer Min:
    28.75
    Tender Offer Max:
    32.00
    Last Trade:
    33.99
    Potential Gain Min:
    -15
    Potential Gain Max:
    -5
    Expires:
    Wed, 2007-09-12 23:00
    Tender Amount:
    Up to 15,625,000 Shares
    Stage:
    Completed
    SEC Filings:
    Details:

    Ticker: HEW

    The Company has accepted for purchase and will promptly pay $32.00 per share for these 5,480 shares. - 9/19/2007

    Approximately 5,500 Class A shares were properly tendered and not withdrawn at prices at or below $32.00 per share, and therefore will be purchased at $32.00 per share (the “purchase price”). 9/13/2007

    The tender offer has been extended to September 12, 2007.  Less than 10,000 shares have been tendered so far. - 9/6/2007

    Originally posted in the forum under Hewitt - Tender for 28.75 to 32.00

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