WC SACD Extends Tender Offer For All Outstanding Shares Of Intersections Inc.
INTERSECTIONS (INTX)
US:NASDAQ Investor Relations:
intersectionsinc.gcs-web.com/investor-overview
Company Research
Source: PR Newswire
BURLINGTON, Mass., Dec. 31, 2018 /PRNewswire/ -- WC SACD One, Inc. ("WC SACD"), a newly formed joint venture entity of iSubscribed Inc. ("iSubscribed"), WndrCo Holdings, LLC ("WndrCo"), General Catalyst Group IX, L.P., and GC Entrepreneurs Fund IX, L.P. (together with General Catalyst Group IX, L.P., the "GC Funds"), today announced that in light of the year-end holidays, its indirect wholly-owned subsidiary, WC SACD Merger Sub One, Inc. ("WC SACD Merger Sub"), with the consent of Intersections Inc. (NASDAQ: INTX) ("Intersections" or "Company"), has extended the expiration date of its previously announced cash tender offer to purchase all of the issued and outstanding shares of common stock of the Company, for $3.68 per share, in cash (the "Offer"), until 5:00 P.M., New York City time, on Friday, January 4, 2019, to give Intersections stockholders additional time to tender their shares. The Offer was previously scheduled to expire at 5:00 P.M., New York City time, on Friday, December
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