- PR Newswire•5 hours agoCalamos Partners LLC Completes Tender Offer For All Outstanding Shares Of Calamos Asset Management, Inc.
NAPERVILLE, Ill., Feb. 21, 2017 /PRNewswire/ -- Calamos Partners LLC ("Calamos Partners") and its subsidiary, CPCM Acquisition, Inc. (the "Acquirer"), today announced that they have successfully completed the tender offer to purchase all outstanding shares of the Class A common stock of Calamos Asset Management, Inc. (CLMS) ("CAM"), for $8.25 per share in cash. The tender offer expired at 11:59 PM, New York City time, on February 17, 2017. The conditions to the tender offer were satisfied or waived, and the Acquirer has accepted for payment, at 12:01 a.m., New York City time, on February 18, 2017, and will promptly pay the depositary for, all validly tendered shares.
- PR Newswire•6 days ago
NEW YORK, Feb. 15, 2017 /PRNewswire/ -- Effective with this press release, S&P Dow Jones Indices will now reference index changes using an "effective at the open" date rather than an "after ...
- PR Newswire•6 days agoWaiver Of Appraisal Condition And Extension Of Offer Period Announced For Tender Offer To Acquire Calamos Asset Management
NAPERVILLE, Ill., Feb. 15, 2017 /PRNewswire/ -- CPCM Acquisition, Inc. (the "Acquirer") announced today that it is waiving the appraisal condition for its previously announced tender offer to acquire all of the outstanding shares of Class A common stock (the "Shares") of Calamos Asset Management, Inc. ("CAM"), and is extending the offer period until 11:59 p.m., New York City time, on February 17, 2017. The tender offer was previously scheduled to expire at 5:00 p.m., New York City time, on February 15, 2017. Approximately 4,254,000 Shares have been deposited to date in response to the tender offer. It had been a condition to the tender offer that the number of Shares as to which properly executed notices of appraisal received by CAM, and not effectively withdrawn as of immediately prior to the expiration of the offer, did not exceed 15% of the outstanding Shares. This condition has now been waived. Except for such waiver and the extension of the offer period, all of the terms and conditions set forth in the offer to purchase, as amended, and the related letter of transmittal and the other offer materials filed with the Securities and Exchange Commission by the Acquirer (the "Offer Documents") remain unchanged.
CLMS : Summary for Calamos Asset Management, Inc. - Yahoo Finance
Calamos Asset Management Inc. (CLMS)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||8.26 x 2500|
|Ask||8.27 x 100|
|Day's Range||8.24 - 8.27|
|52 Week Range||5.94 - 9.50|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||183.67|
|Dividend & Yield||0.60 (7.28%)|
|1y Target Est||N/A|