Expiry of the Mandatory Offer Period in PC LAN.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--June 20, 2001 In connection with Scribona AB's voluntary offer to acquire all outstanding shares of PC LAN (1) A network of IBM or IBM-compatible PCs. (2) A network of any variety of computers. ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and , Scribona has received acceptances for a total of 1,693,992 shares, corresponding to a shareholding of approximately 2.3% of the outstanding shares of PC LAN. These reported preliminary numbers of shares under acceptances are subject to any corrections in connection with the final registration of the acceptances with the Norwegian Registry of Securities ("VPS (1) (Vectors Per Second) The measurement of the speed of a vector or array processor. See vector, vector processor and array processor. (2) (Virtual Private Server) See OS virtualization. "). Scribona already owns 69,187,262 shares in PC LAN (approximately 95.8%). Settlement for the mandatory offer will be distributed as soon as practicably prac·ti·ca·ble adj. 1. Capable of being effected, done, or put into practice; feasible. See Synonyms at possible. 2. Usable for a specified purpose: a practicable way of entry. possible (approximately June 26) and no later than 14 days after the expiry of the offer period. Scribona, which has initiated a compulsory Wikipedia does not currently have an encyclopedia article for . You may like to search Wiktionary for "" instead. To begin an article here, feel free to [ edit this page], but please do not create a mere dictionary definition. acquisition of the remaining shares in PC LAN, is officially registered as the sole owner of PC LAN. Shareholders in PC LAN which have been included in the compulsory acquisition and which have made no objections to the settlement amount, will receive their settlement no later than August 1, 2001. Those shareholders which have made objections to this settlement amount will receive their settlement to the amount and at the time as set by the Norwegian courts. Facts about Scribona AB Scribona is the Nordic leader in the market for IT products, offering the customers cutting-edge product expertise, the industry's leading e-commerce systems, optimized product availability and a wide range of complementary services. Scribona's operations are organized in three business areas: * Scribona Solutions - value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. distribution of IT infrastructure * Scribona Distribution - effective volume distribution of IT products * Scribona Brand Alliance - exclusive agency for leading brands |
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