Chemed Corporation and Chemed Capital Trust Announce Expiration of Exchange Offer.Business Editors CINCINNATI--(BUSINESS WIRE)--Feb. 1, 2000 Chemed Corporation (NYSE NYSE See: New York Stock Exchange :CHE) and Chemed Capital Trust announced today that their offer to exchange Convertible Trust Preferred Securities of Chemed Capital Trust for up to 2,000,000 shares of Capital Stock of Chemed Corporation expired on January 31, 2000, at midnight, Eastern time, and that all shares that were validly tendered and not withdrawn prior to the expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute. 2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created of the offer were accepted for exchange. Based on a preliminary estimate, when the offer expired, approximately 573,384 shares of Chemed Corporation were tendered, including approximately 1,225 shares subject to guarantee of delivery. Chemed Corporation (www.chemed.com), headquartered in Cincinnati, is a 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 Stock Exchange-listed corporation with strategic positions in plumbing plumbing, piping systems inside buildings for water supply and sewage. The Romans had a highly developed plumbing system; water was brought to Rome by aqueducts and distributed to homes in lead pipes—hence the name plumbing from the Latin word plumbum and drain cleaning; home healthcare services; and residential appliance and air-conditioning repair. |
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