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Stock impact report

Bowlin Travel Centers, Inc. Announces Issuer Tender Offer [Yahoo! Finance]

BOWLIN TRAVEL CENTERS INC (BWTL) 
NASDAQ:AMEX Investor Relations: bowlintc.com/investors.html
Company Research Source: Yahoo! Finance
commencement of a tender offer to repurchase from all shareholders who are not directors, executive officers, or other insiders of the Company (the “Eligible Holders”), on a pro rata basis, up to $1 million of the Company's common shares at a purchase price of $4.00 per share, totaling a maximum of 250,000 shares (the “Tender Offer”). The Company expects to fund the purchase of shares in the Tender Offer with available cash. The Tender Offer is being made pursuant to, and subject to the terms and conditions in, the Offer to Purchase and Letter of Transmittal, dated February 1, 2024 (collectively with any ancillary documents thereto, the “Offering Documents”). The Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on March 1, 2024 (as such date and time may be extended or earlier terminated, the “Expiration Date”). The obligation of the Company to accept for purchase, and to pay for, any shares validly tendered and accepted for purchase pursuant to the Tender Off Show less Read more
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