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American Residential Announces Close of Tender Offer by ServiceMaster.


HOUSTON--(BUSINESS WIRE)--April 27, 1999--

American Residential Services, Inc. (NYSE NYSE

See: New York Stock Exchange
: ARS), a leading provider of residential and commercial heating, air conditioning, plumbing and electrical services, today announced that the tender offer by The ServiceMaster Company (NYSE: SVM) to purchase the outstanding shares of ARS at a price of $5.75 per share in cash expired at 11:59 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 April 26, 1999.

The Company reported that, based on a preliminary report from the Depositary for the tender offer, a total of 15,333,376 shares of ARS common stock had been tendereshares of ARS common stock.

American Resid re·sid  
n. Informal
Residual oil.

Noun 1. resid - oil products that remain after petroleum has been distilled
residual oil
, indoor air quality Indoor Air Quality (IAQ) deals with the content of interior air that could affect health and comfort of building occupants. The IAQ may be compromised by microbial contaminants (mold, bacteria), chemicals (such as carbon monoxide, radon), allergens, or any mass or energy stressor  systems and major home appliances, primarily in existing homes, homes under constructionrities Litigation Reform Act of 1995. These starom those set forth in the forward-looking stats.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 27, 1999
Words:134
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