ABC Family Worldwide, Inc. Completes Change of Control Offer for 9 1/4% Senior Notes due 2007 and 10 1/4% Senior Discount Notes due 2007.Business Editors BURBANK, Calif.--(BUSINESS WIRE)--Dec. 20, 2001 ABC Family  The novelty of research or terms used in this article is disputed.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 19, 2001. The offer was made pursuant to the company's Change of Control Notice, Offer to Purchase and Solicitation of Consents, dated November 20, 2001. Based upon a preliminary report of the Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , the depositary and paying agent Paying Agent An agent who accepts payments from the issuer of a security and then distributes the payments to the holders of the security. Also known as a "disbursing agent. for the offer, $3,760,000 in aggregate principal amount at maturity of the Registrant's 9 1/4% Senior Notes due 2007 and $1,640,529 in aggregate principal amount at maturity of the Registrant's 10 1/4% Senior Discount Notes due 2007 were validly tendered pursuant to the terms of the offer. It is expected that payment for validly tendered notes will be made not later than Thursday, December 27, 2001. In addition, on December 12, 2001, the company's 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 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc its 9 1/4% Senior Notes due 2007 and 10 1/4% Senior Discount Notes due 2007 expired at 5:00 p.m., New York City time. At the time of expiration, the company had not received the requisite consents necessary to amend the Indentures governing the notes. As a result, the proposed amendments to the Indentures will not be adopted and the company will not make any consent payments. |
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