Akula Partners LLC Amends Terms of Its Tender Offer for Units of ML Media Partners, L.P.Business Editors EXCELSIOR, Minn.--(BUSINESS WIRE)--Dec. 9, 2003 Akula Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (the "Purchaser") has announced that it has amended the terms of its offer (the "Offer") to purchase for cash up to 13,160 units of limited partnership interest ("Units") of ML Media Partners, L.P. (the "Partnership"). The Purchaser stated that if it does not receive confirmation from the Partnership by February 29, 2004 that all Units tendered in the Offer have been transferred to the Purchaser, the Purchaser will return to unitholders promptly after such date all Units with respect to which the Purchaser has not received such confirmation. The Offer price is still $750 per Unit, in cash, reduced by any cash distributions made or declared on or after November 13, 2003 without interest. The Offer will expire at 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 Monday, December 22, 2003, unless extended. All other terms and conditions of the Offer are set forth in the Purchaser's Offer to Purchase, dated November 13, 2003, as amended December 5, 2003 (as amended, the "Offer to Purchase"). Tendering unitholders may withdraw tendered Units at any time prior to the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.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 the Offer. If Units previously tendered pursuant to the Offer are not withdrawn prior to the expiration date, the tendering unitholders will be entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to the Offer price in effect at the expiration of the Offer. Unitholders who have already tendered Units pursuant to the Offer need not take any further action. The Purchaser may amend, extend or terminate the Offer at any time as provided in the Offer to Purchase. The Purchaser is controlled by its members, Aquitania Partners L.P., Aquitania (QP) Partners L.P. and Mauretania Partners L.P. and its manager, Providence Capital, LLC. Aquitania, Aquitania QP and Mauretania are controlled by their general partner, Providence Capital. Aquitania, Aquitania QP and Mauretania are investment funds Noun 1. investment funds - money that is invested with an expectation of profit investment assets - anything of material value or usefulness that is owned by a person or company . Providence Capital is a privately-held investment fund. Questions and requests for assistance or additional copies of Offer materials may be directed to D. F. King & Co., Inc., 48 Wall Street, 22nd Floor, 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 , NY 10005, at 888-628-1041 or 212-269-5550 for banks and brokers. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO PURCHASE OR A SOLICITATION solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual OF ACCEPTANCE OF THE TENDER OFFER, WHICH MAY ONLY BE MADE PURSUANT TO THE TERMS OF THE OFFER TO PURCHASE AND RELATED AGREEMENT OF ASSIGNMENT AND TRANSFER. |
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