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Bullboard - Stock Discussion Forum Coast Wholesale Appliances Inc CWSAF

GREY:CWSAF - Post Discussion

Coast Wholesale Appliances Inc > Remaining shares to be tendered
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Post by Marginal_Investor on Jun 01, 2014 8:44pm

Remaining shares to be tendered

As previously disclosed, Coast and CWAL have agreed that upon the minimum tender condition of the Offer being satisfied, Coast will conditionally waive the application of its shareholder rights plan to permit CWAL to take up such Common Shares tendered.  Based on the number of Common Shares tendered as of today's date, only approximately 16,600 additional Common Shares must be tendered and not withdrawn to satisfy the minimum tender condition and permit CWAL to take up all Common Shares tendered.
Read more at https://www.stockhouse.com/news/press-releases/2014/05/14/cwal-extends-its-offer-to-acquire-coast-wholesale-appliances-inc-to-june-4-2014#9BVEF1CA5jR7RwED.99

Sorry, but the over 8,000 shares that I control say no to the deal.
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