Autokiniton US Holdings Extends Cash Tender Offer for All Outstanding Shares of Tower International
TOWER INTL (TOWR)
Last tower intl earnings: 5/2 08:00 am
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US:NYSE Investor Relations:
investors.towerinternational.com/phoenix.zhtml?c=235362&p=irol-irhome_pf
Company Research
Source: PR Newswire
NEW BOSTON, Mich., Sept. 6, 2019 /PRNewswire/ -- Autokiniton US Holdings, Inc. ("Parent") today announced that Tiger Merger Sub, Inc. (the "Offeror"), a wholly owned subsidiary of Parent, has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding shares of common stock of Tower International, Inc. (NYSE: TOWR) ("Tower"). The tender offer is being made pursuant to the Agreement and Plan of Merger, dated as of July 12, 2019, by and among the Offeror, Parent and Tower (as it may be amended from time to time, the "Merger Agreement"). The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on September 25, 2019, unless extended or earlier terminated, in either case pursuant to the terms of the Merger Agreement. The tender offer, which was previously scheduled to expire at 5:00 p.m., New York City time, on September 13, 2019, was extended to allow additional time for the satisfaction of the conditions to the tende
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