The Carlyle Group Increases Tender Offer with ElkCorp (ELK)
More News related to ELK
- Cascade (CAE) To Replace ElkCorp (ELK) in S&P SmallCap 600
- ElkCorp (ELK) Said BMCA $43.50 Offer is Superior, Terminates Merger Agreement with Carlyle
- ElkCorp (ELK) Issues Statement Regarding Acquisition Offer From BMCA
- Building Materials Corp Boosts ElkCorp (ELK) Bid To $43.50/Share - DJ
- The Carlyle Group Increases Tender Offer with ElkCorp (ELK)
ElkCorp (NYSE: ELK) announced that The Carlyle Group has agreed to increase its tender offer to acquire all of the outstanding shares of ElkCorp common stock to $42.00 per share in cash, up from the previous offer of $40.50 per share, which was announced on January 16, 2007. ElkCorp and Carlyle amended their previously announced merger agreement to reflect this increased price.
Carlyle's tender offer, which commenced on January 18, 2007, will expire at midnight on February 14, 2007, unless extended in accordance with the terms of the merger agreement and the applicable rules and regulations of the Securities and Exchange Commission (SEC).
Related Categories
Mergers and AcquisitionsStocks Mentioned
-0.02Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
