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Activision Blizzard, Inc.
Activision Blizzard Announces Preliminary Results of Self-Tender Offer
August 29th, 2008
Activision Blizzard, Inc. (NASDAQ:ATVI) announced the preliminary results of its tender offer to purchase up to 146,500,000 shares of its outstanding common stock at a price of $27.50 per share, net to the tendering stockholders in cash, less any applicable withholding taxes and without interest. The tender offer expired at 5:00 p.m., New York time, on Wednesday, August 13, 2008. Continental Stock Transfer & Trust Company, the depositary for the tender offer, has advised Activision Blizzard on a preliminary basis that approximately 86,000 shares of common stock were properly tendered and not properly withdrawn in the tender offer, including shares that were tendered...
Source: Health Business Week (2008-08-29)
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