Jarden (JAH) Gets Response for 13.2% of Common in Recent 'Dutch Auction' Tender

March 9, 2012 8:19 AM EST
Jarden Corporation (NYSE: JAH) announced the final results of its modified Dutch auction tender offer, which expired at 12:00 midnight, New York City time, on Monday, March 5, 2012.

Based on the final count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of 12,080,107 shares of Jarden's common stock, par value $0.01 per share, were properly tendered and not withdrawn at or below the final purchase price of $36.00 per share. The Company has accepted for purchase all 12,080,107 shares tendered at or below $36.00 per share, for an aggregate cost of approximately $435 million, excluding fees and expenses related to the tender offer. The 12,080,107 shares accepted for purchase in the tender offer represent approximately 13.2 percent of the Company's shares issued and outstanding immediately prior to consummation of the tender offer.

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