GE Tender Offer for SLM Solutions Expires
October 26 2016 - 12:39PM
Business Wire
GE announced today that the minimum acceptance condition for
tendered shares of SLM Solutions of Germany was not satisfied at
the time of the expiration of the acceptance period on Monday,
October 24. Consequently, the offer has lapsed.
GE made a very compelling offer of 38 € per share for SLM
shares, which constituted a 38% premium over the SLM stock price as
of September 5, the day before GE made its public offer.
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version on businesswire.com: http://www.businesswire.com/news/home/20161026006436/en/
GE AviationRick Kennedy, Mgr.Media
Relationsrick.l.kennedy@ge.comCell: 513.607.0609
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