|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||690.00 - 690.00|
|52 Week Range||602.00 - 720.00|
|Beta (5Y Monthly)||-0.06|
|PE Ratio (TTM)||17.63|
|Earnings Date||Feb 13, 2014|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.00|
The Offer is now scheduled to expire at 5:00 p.m., New York City time, on Wednesday November 27, 2019, unless the Offer is further extended or earlier terminated in accordance with the terms set forth in the Company’s Offer to Purchase, dated October 14, 2019 and the related Letter of Transmittal. In addition, the Company has amended the proration provisions of the Offer to provide that it will accept for purchase all odd lots of up to five shares that are properly tendered. If, after giving effect to the purchase of the odd lots, the Offer is oversubscribed, the number of shares accepted for payment from all other tendering shareholders will be reduced proportionately based on a proration factor determined by the ratio of the total number of shares tendered by other tendering shareholders to the total number of shares that the Company is agreeing to accept in the Offer less the number of odd lot shares that are purchased.
Spectrum Group International, Inc. (SPGZ) (“SGI” or the “Company”), an integrated network of leading companies concentrating on numismatics (coins) and paper currency, announced today the commencement of a self-tender offer (the “Offer”) to purchase for cash up to 2,500 common shares, par value $0.01 of the Company (the “Common Shares”). The purchase price is $700 per Common Share. The Offer will expire at 5:00 pm, Eastern Time, on Friday, November 22, 2019, unless extended by SGI (the “Expiration Time”). Tenders of the Common Shares must be made prior to the Expiration Time and may not be withdrawn. However, if the Expiration Time is extended and closing of the Offer has not occurred by December 13, 2019, shareholders may withdraw their previously tendered Common Shares.