Tyco wants ADC – extends tender offer by several weeks
By Anthony Capkun
November 16, 2010
Tyco Electronics has extended the expiration of its tender offer to purchase all of the outstanding common shares of ADC to 5:00 p.m. (EST), Wednesday, December 8. All other terms and conditions of the tender offer remain unchanged.
As of 5:00 p.m. November 15, about 85,640,111 common shares of ADC
(including 3,814,862 common shares of ADC guaranteed to be delivered
within the next three NASDAQ trading days) had been tendered and not
withdrawn pursuant to the tender offer, representing about 88.26% of the
outstanding common shares of ADC.
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