DecisionOne Holdings reports final proration factor for shareholders who elected to retain shares.FRAZER, Pa.--(BUSINESS WIRE)--Aug. 15, 1997--DecisionOne Holdings Corp. (Nasdaq:DOCI) announced today that, in connection with the recapitalization Recapitalization Restructuring a company's debt and equity mixture often with the aim of making a company's capital structure more stable. Notes: Companies often want to diversify their debt-to-equity ratio to improve liquidity. merger of DecisionOne with an affiliate of DLJ Merchant Banking Partners DLJ Merchant Banking Partners (DLJMB) is a LBO-focused private equity firm of Credit Suisse. DLJMB has offices in New York, London and Los Angeles. External links
A situation during a corporate action in which the available cash or shares are not sufficient to satisfy the offers tendered by shareholders. Therefore, a proportion of both cash and shares is granted for each offer tendered. factor for those shareholders that elected to retain shares of DecisionOne Common Stock was .138918878. As a result, approximately 14 percent of electing shares will be retained, on a pro rata [Latin, Proportionately.] A phrase that describes a division made according to a certain rate, percentage, or share. In a Bankruptcy case, when the debtor is insolvent, creditors generally agree to accept a pro rata share of what is owed to them. basis, by those shareholders who had elected to continue to retain stock in the merger. CONTACT: DecisionOne Corporation Inv. Relations: Thomas J. Fitzpatrick (610) 296-6200 Press: William A. Wohl, Sr. (610) 296-6081 bill.wohl@decisionone.com or Morgen-Walke Associates Inv. Relations: Betsy Brod/Karen Kruza Press: Stan STAN Stanchion STAN Stärke- und Ausrüstungsnachweis (German) Stan Standard Man (human patient simulator) STAN SEMCIP Technical Assistance Network STAN System Trace Audit Number STAN Star Trek Area Network Froelich (212) 850-5600 |
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