Colonel Offeror Sub, LLC Commenced Tender Offer to Acquire CKx (CKXE) for $5.50 Per Share
Colonel Offeror Sub, LLC and CKx, Inc. (NASDAQ: CKXE) today announced that Colonel Offeror has commenced a tender offer to acquire all of the outstanding shares of common stock of CKx.
The aggregate value of the proposed transaction is approximately $560 million.
Upon the successful closing of the tender offer, stockholders of CKx will receive $5.50 in cash for each Common Share tendered in the offer, without interest, and subject to deduction for any required withholding of taxes.
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The aggregate value of the proposed transaction is approximately $560 million.
Upon the successful closing of the tender offer, stockholders of CKx will receive $5.50 in cash for each Common Share tendered in the offer, without interest, and subject to deduction for any required withholding of taxes.
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