Alcoa Extends Tender Offer for Alumax Shares.PITTSBURGH--(BUSINESS WIRE)--May 7, 1998--Alcoa (NYSE NYSE See: New York Stock Exchange :AA) announced today that it has extended the expiration date of the cash tender offer for up to 27 million shares of common stock of Alumax Inc. (NYSE:AMX AMX American Motors Experimental AMX Aeromexico Aerovias de Mexico (ICAO code) AMX Air Mobility Express AMX Amberjacks (FAO fish species code) AMX Alabama Motor eXpress ) at a price of $50 per share to midnight, EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT , Friday, June 5, 1998. The offer had previously been scheduled to expire on Thursday, May 7, 1998. As of the close of business on May 6, the number of shares of Alumax common stock that had been validly tendered was 23,913,841. CONTACT: Alcoa Bonita Bonita (Spanish and Portuguese for "beautiful") is the name of:
www.alcoa.com |
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