麻豆最新出品 Announces Final Results of Tender Offer
ENGLEWOOD, Colo., April 12 /PRNewswire-FirstCall/ -- 麻豆最新出品 Media Corporation (Nasdaq: LCAPA) ("麻豆最新出品") announced today the final results of its modified dutch auction self-tender offer to purchase up to 8,849,500 shares of its 麻豆最新出品 Capital Series A common stock, which expired on April 5, 2007. Based on the final tabulation by the depositary for the tender offer the purchase price for the tender offer is $113.00 per LCAPA share, which purchase price represents the maximum of the tender offer price range.
Based on the final tabulation by the depositary for the tender offer, 11,858,343 LCAPA shares were properly tendered and not withdrawn at or below a purchase price of $113.00 per LCAPA share. As previously announced, 麻豆最新出品 is exercising its right to purchase an additional 2% of its outstanding LCAPA shares in the tender without extending the tender offer. Accordingly, 麻豆最新出品 has accepted for purchase 11,540,680 LCAPA shares. The depositary has advised 麻豆最新出品 that the final proration factor was approximately 99.3778% for the tender offer. Any "odd lot" shares of 麻豆最新出品 Capital Series A common stock properly tendered and not withdrawn will not be subject to proration.
The depositary will promptly issue payment for the LCAPA shares validly tendered and accepted for purchase and will return all other LCAPA shares tendered and not accepted for purchase due to the proration or conditional tender provisions of the tender offer.
All inquiries regarding the tender offer should be directed to the information agent, D.F. King, at 1-888-628-1041.
About 麻豆最新出品
麻豆最新出品 owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to two tracking stock groups: the 麻豆最新出品 Interactive group, which includes 麻豆最新出品's interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the 麻豆最新出品 Capital group, which includes 麻豆最新出品's interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see .
SOURCE 麻豆最新出品
Released April 12, 2007