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Vector Capital Completes Sizmek (SZMK) Cash Tender Offer
September 27, 2016 8:26 AM EDTSizmek Inc. (Nasdaq: SZMK) and Vector Capital announced the successful completion of the tender offer (the Offer) by Solomon Merger Subsidiary, Inc., a wholly owned subsidiary of Solomon Holding, LLC (Parent) and an affiliate of Vector, for all of the outstanding shares of common stock of the Company at a price of $3.90 per share, payable net to the sellers thereof in cash, without interest, subject to any deduction or withholding of taxes required by applicable laws.
The Offer expired at 12:00 midnight, New York City time, at the end of September 26, 2016, and a total of... More
