GE update on SLM Tender Offer
October 21 2016 - 1:30AM
Business Wire
GE announced today that it will not extend or change the terms
of the tender offer for the outstanding shares of SLM Solutions.
The acceptance period expires on Monday, October 24.
GE has offered 38 € per share, which is a 38% premium over the
SLM stock price as of September 5, the day before GE made its
public offer. The minimum acceptance condition is more than
75%.
GE and the SLM leadership encourage shareholders to tender their
SLM shares in order to make the deal successful within the
acceptance period. As a leading end user of additive today, GE is
committed to driving the additive revolution by providing
innovative technologies, equipment and services to industries
around the world.
GE Aviation, an operating unit of GE (NYSE: GE), is a
world-leading provider of jet and turboprop engines, components,
integrated digital, avionics, electrical power and mechanical
systems for commercial, military, business and general aviation
aircraft. GE Aviation has a global service network to support these
offerings and is part of the world's Digital Industrial Company
with software-defined machines and solutions that are connected,
responsive and predictive.
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version on businesswire.com: http://www.businesswire.com/news/home/20161020006743/en/
GE AviationRick Kennedy,
+1.513.607.0609rick.l.kennedy@ge.com
GE Aerospace (NYSE:GE)
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