A&P Extends Tender Offer for 7.70% Senior Notes Due 2004.Business Editors MONTVALE, N.J.--(BUSINESS WIRE)--Dec. 18, 2001 The Great Atlantic & Pacific Tea Company, Inc. (NYSE NYSE See: New York Stock Exchange :GAP) today announced that it has extended the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. for its tender offer to purchase any and all of its outstanding 7.70% Senior Notes due 2004. The tender offer, which was previously scheduled to expire at 11:59 p.m., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on December 17, 2001, will now expire at 5:00 p.m., New York City time, on December 19, 2001, unless extended. As of the close of business on December 17, approximately $177.6 million (88.8%) of A&P's Senior Notes due 2004 had been tendered. Payment for tendered notes will be made promptly after the expiration of the tender offer if the notes are accepted for purchase. Consummation of the tender offer, and payment for tendered notes, is subject to the satisfaction or waiver of various conditions. Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Inc. is acting as the sole Dealer Manager and Solicitation Agent for the tender offer and the consent solicitation Consent Solicitation A solicitation by one party to the stakeholders of a particular security for the consent of a material change. Notes: Should the majority of stakeholders provide valid consent prior to the consent expiry date, the issuer may then follow through with . The Information Agent is D.F. King & Co., Inc. and the Depositary is JPMorgan Chase JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1. Bank. This press release is neither an offer to purchase nor a solicitation of an offer to sell securities. The tender offer and the related consent solicitation are being made only by reference to the Offer to Purchase and Consent Solicitation Statement dated November 19, 2001. Requests for documentation should be directed to D.F. King & Co., Inc. at (800) 769-4414. Questions regarding the tender offer and the consent solicitation should be directed to Scott Macklin at Lehman Brothers Inc. at (212) 455-3301 or collect at (212) 681-2265. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion