November tender offer.Brookfield Homes Corporation announced the final results of its tender offer, which expired on November 15, 2005. Based on a final count by Mellon Investor Services LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. for the tender offer, 23,309,145 shares of common stock were properly tendered and not properly withdrawn, including shares tendered by Brookfield Asset Management  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Inc. (formerly Brascan Corporation), the major stockholder of Brookfield Homes. In accordance with the terms of the offer, Brookfield Homes has accepted 3 million shares for purchase at a price of $55.00 per share. Because the number of shares tendered exceeds the number of shares accepted for purchase, the proration Proration 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 non-odd lot holders participating in the tender offer is approximately 12.18%. The depositary for the tender offer, Mellon Investor Services LLC, will commence payment for the shares accepted for purchase on November 23, 2005 and arrange to return shares tendered and not purchased. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion