Avista Capital announced that ACP Tower Merger Sub has extended the expiration of the previously announced tender offer to acquire all of the outstanding shares of common stock of Telular for $12.61 per share, net to the seller in cash without interest and less any applicable withholding taxes thereon, until 12:00 midnight at the end of the day on June 14, unless further extended or earlier terminated. The tender offer was previously scheduled to expire at 12:00 midnight at the end of the day on June 7. All other terms and conditions of the tender offer remain unchanged, including, without limitation, the tender of at least two-thirds of the outstanding shares of common stock of Telular and the approval of the Federal Communications Commission.
- Mergers, Acquisitions & Takeovers
- tender offer