Adams Outdoor Advertising Extends Tender Offer for Notes.Business Editors ATLANTA--(BUSINESS WIRE)--July 20, 2001 Adams Outdoor Advertising Limited Partnership announced today that it is extending the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.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. of its 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 and cash tender offer for all of its 10.75% Senior Notes due 2006 until 5:00 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 Tuesday, July 31, 2001, unless the tender offer period is extended by the Company in accordance with the terms of the tender offer. The tender offer previously had been scheduled to expire at 5:00 p.m., New York City time, on July 20, 2001. CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. Corp. is the dealer manager in connection with the tender offer. Copies of the tender offer statement and certain related documents are available from United States Trust Company of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , the Depositary for the tender offer, as set forth in the tender offer documents. This press release is not an offer to purchase Notes nor a solicitation of an offer to sell Notes of the Company. Holders of Notes are advised to read the tender offer statement regarding the tender offer, which contains important information, including the terms and conditions of the tender offer, which should be read carefully before any decision is made with respect to the tender offer. |
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