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Ambanc Extends Cohoes Tender Offer.


Business Editors

AMSTERDAM, N.Y.--(BUSINESS WIRE)--Sept. 6, 2000

Ambanc Holding Co., Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:AHCI AHCI Advanced Host Controller Interface
AHCI Art and Humanities Index
) ("Ambanc") announced today that it has extended its pending tender offer to acquire Cohoes Cohoes (kəhōz`), city (1990 pop. 16,825), Albany co., E N.Y., near Albany, at the confluence of the Mohawk and Hudson rivers; settled by the Dutch 1665, inc. 1869.  Bancorp, Inc. (NASDAQ:COHB) ("Cohoes"), until 12:00 midnight, 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
 time, on Friday, October 6, 2000, unless the offer is extended. To date, approximately 358,538 Cohoes common shares have been tendered to Ambanc. Ambanc's tender offer would have expired at 12:00 midnight, New York time, on September 6, 2000.

John Lisicki, Ambanc's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  stated: "We urge the Cohoes stockholders to send a clear message to the Cohoes Board of Directors. By tendering their shares to Ambanc, the Cohoes stockholders can communicate their desire for the Cohoes Board to get serious about achieving a sale of Cohoes." Mr. Lisicki reaffirmed Ambanc's desire to engage in good faith merger negotiations with Cohoes.

Ambanc has filed tender offer materials with the SEC which set forth the complete details of Ambanc's tender offer. WE URGE INVESTORS TO CAREFULLY READ THE TENDER OFFER MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors may obtain a free copy of the tender offer materials, any amendments or supplements to such documents, and any other documents filed by Ambanc with the SEC, at the SEC's web site at www.sec.gov. These documents may also be obtained for free from Ambanc by directing a written request to Ambanc Holding Co., Inc., 11 Division Street, Amsterdam, New York Amsterdam, New York is the name of two locations in Montgomery County, New York:
  • Amsterdam (city), New York
  • Amsterdam (town), New York
See also
  • Amsterdam (disambiguation) -- Other locations named Amsterdam
 12010, Attention: Secretary. Each of these documents may also be obtained free of charge by overnight mail or direct electronic transmission by calling Ambanc's information agent, D.F. King & Co., Inc. toll-free at 1-800-487-4870.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 6, 2000
Words:276
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