NightHawk Radiology Holdings (NHWK) Purchases 2,240,883 Shares of Its Common Stock at $8.05 per Share
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NightHawk Radiology Holdings, Inc. (Nasdaq: NHWK), the leading provider of radiology solutions to radiology groups and hospitals throughout the United States, announced the final results of its modified Dutch auction tender offer, which expired at 5:00 p.m. Eastern Time on Friday, June 13, 2008.
Based on the final count by the depositary for the tender offer, an aggregate of 2,240,883 shares of common stock were properly tendered and not withdrawn at a price of $8.05 per share. Accordingly, NightHawk has accepted for purchase 2,240,883 shares of common stock at a price of $8.05 per share. These shares represent approximately 7.3% of the shares outstanding as of June 18, 2008. With completion of the tender offer, NightHawk will have approximately 28.5 million shares of common stock outstanding.
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