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Stock impact report

Affiliates of CVC Fund VII Announce Extension of Tender Offer for All Outstanding Shares of ConvergeOne

CONVERGEONE HOLDINGS INC (CVON) 
Company Research Source: PR Newswire
LONDON, Dec. 19, 2018 /PRNewswire/ -- On December 19, 2018, PVKG Merger Sub, Inc. ("Offeror") extended the offering period of Offeror's previously announced cash tender offer to purchase all of the outstanding shares of common stock of ConvergeOne Holdings, Inc. (Nasdaq: CVON) ("ConvergeOne" or the "Company") for a period of nine (9) business days in accordance with the terms of the Agreement and Plan of Merger, dated as of November 6, 2018 (the "Merger Agreement"), by and among ConvergeOne, Offeror and PVKG Intermediate Holdings Inc. ("Parent").  The tender offer was previously scheduled to expire at 12:00 midnight, Eastern time, on December 19, 2018 (one minute after 11:59 p.m., Eastern time, on December 19, 2018). As a result of the announced extension, the tender offer will expire at 5:00 p.m, Eastern time, on January 3, 2019, unless further extended.  Continental Stock Transfer & Trust Company, the depositary and paying agent for the tender offer, has advised Offeror that, as of Show less Read more
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