Match.com Concludes Successful Tender for Meetic S.A (IACI)
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IAC/InterActiveCorp's (Nasdaq: IACI) Match.com reports its tender offer on the outstanding shares of Meetic S.A. is successful based on the results of the initial offer period.
From the release: "The French Autorite des marches financiers (AMF) published today the results of the initial tender offer, which show that on the closing date of the initial offer period on August 11, 2011, 11,735,405 shares have been tendered to the offer, representing 51.05% of the share capital of Meetic, calculated on the basis of Meetic's share capital issued on July 29, 2011.
The tendered shares include the 3,667,733 shares tendered by Mr. Marc Simoncini pursuant to his tender commitment entered into with Match on May 31, 2011. Upon the settlement of the tendered shares on August 29, 2011, Match will hold 17,829,739 shares, representing 77.55% of the share capital, calculated on the basis of Meetic's share capital issued on July 29, 2011."
From the release: "The French Autorite des marches financiers (AMF) published today the results of the initial tender offer, which show that on the closing date of the initial offer period on August 11, 2011, 11,735,405 shares have been tendered to the offer, representing 51.05% of the share capital of Meetic, calculated on the basis of Meetic's share capital issued on July 29, 2011.
The tendered shares include the 3,667,733 shares tendered by Mr. Marc Simoncini pursuant to his tender commitment entered into with Match on May 31, 2011. Upon the settlement of the tendered shares on August 29, 2011, Match will hold 17,829,739 shares, representing 77.55% of the share capital, calculated on the basis of Meetic's share capital issued on July 29, 2011."
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