Printer Friendly

Thor Industries Announces Tender Offer Results

JACKSON CENTER, Ohio, Nov. 22 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) announced today the results of its Dutch auction self-tender offer which expired Thursday, November 21, at 12:00 midnight, New York City time.

The count by the depositary for the offer indicates that 503,319 shares were tendered and not withdrawn at prices of $24-3/4 per share or lower. Shares tendered in excess of this price will be promptly returned. The number of shares tendered includes 52,100 shares tendered pursuant to notices of guaranteed delivery. The Company expects to purchase 503,319 shares tendered at $24-3/4 per share.

Payment for shares accepted, except for those shares tendered pursuant to notices of guaranteed delivery, and return of all shares tendered but not accepted, is expected to start today.

Thor is the second largest manufacturer of recreational vehicles and the largest builder of small and mid size buses.

SOURCE Thor Industries, Inc.
 -0- 11/22/96


/CONTACT: Wade F.B. Thompson or Peter B. Orthwein of Thor Industries, 513-596-6849/

(THO)

CO: Thor Industries, Inc. ST: Ohio IN: AUT SU: OFR

MA-AV -- NYF027 -- 5736 11/22/96 09:54 EST http://www.prnewswire.com
COPYRIGHT 1996 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 22, 1996
Words:195
Previous Article:HS Resources Prices Senior Subordinated Notes in Increased Offering
Next Article:DCR Places Unocal on Rating Watch-Up
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters