Planet Hollywood International Completes its Tender Offer for BUCA (BUCA)
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Planet Hollywood International announced today that it has completed its tender offer for all outstanding shares of common stock of BUCA, Inc. (Nasdaq: BUCA). Planet Hollywood intends to complete the acquisition as soon as reasonably practicable.
The subsequent offering period expired at 12:00 Midnight, ET, on September 23, 2008. Based on information provided by Wells Fargo Bank, N.A., as the Depositary, as of such time, an aggregate of approximately 19,337,263 Shares (including 2,371 Shares subject to guarantees of delivery) were validly tendered and not withdrawn pursuant to the Offer, representing approximately 90.3% of the outstanding Shares.
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