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Altaba extends tender offer for up to 195M shares [Seeking Alpha]

ALTABA INC (AABA)  More Company Research Source: Seeking Alpha
US:NASDAQ Investor Relations: altaba.com/investor-relations
PDF Altaba (NASDAQ: AABA ) has extended its tender offer to buy up to 195M shares until Aug. 8. There were still nine days left in the offer before the move; it was set to expire July 11. The offer is to buy the shares at a price per share equal to 0.35 ADS of Alibaba (NYSE: BABA ) and cash equal to the Alibaba volume-weighted average price (as of Aug. 6) multiplied by 0.05. As of today's close, about 156,676 shares of Altaba have been tendered and not withdrawn, the company's exchange agent says. Previously: Altaba -1.4% as biggest shareholder trims stake (Jul. 02 2018) Click to subscribe to real-time analytics on AABA Now read: China Has Fallen: Alibaba Is A Conviction Buy » [Read more]

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