ASSA ABLOY: Tender offer for LaserCard completed
(Thomson Reuters ONE) -
Owners representing 61 percent of the outstanding shares has accepted ASSA
ABLOY's offer. ASSA ABLOY also announced that is has extended the offer period
to acquire all of the remaining shares. This subsequent offering period will
expire at the end of January 27, 2011, unless extended.
After the subsequent offering period, ASSA ABLOY intends to complete its
acquisition of LaserCard by means of a merger.
As a result of its purchase of shares in the tender offer, ASSA ABLOY has
sufficient voting power to approve the merger without the affirmative vote of
any other LaserCard stockholder.
For more information please contact:
Johan Molin, President and CEO, Tel: +46 8-506 485 42
Tomas Eliasson, CFO, Tel: +46 8-506 485 72
ASSA ABLOY may be required to disclose the information provided herein pursuant
to the Swedish Securities Markets Act. The information was submitted for
publication at 13.00 CET on 24 January, 2011.
Important Additional Information Has Been Filed with the Securities and Exchange
Commission ("SEC")
This news release is neither an offer to purchase nor a solicitation of an offer
to sell shares of LaserCard's common stock. INVESTORS AND SECURITY HOLDERS ARE
URGED TO READ BOTH THE TENDER OFFER STATEMENT AND THE SOLICITATION /
RECOMMENDATION STATEMENT, AS EACH HAS BEEN SUBSEQUENTLY AMENDED AND
SUPPLEMENTED, REGARDING THE TENDER OFFER BECAUSE THEY CONTAIN IMPORTANT
INFORMATION. The tender offer statement and the solicitation/recommendation
statement were each initially filed with the SEC on December 22, 2010. Investors
and security holders may obtain a free copy of these statements and other
documents filed by ASSA ABLOY's wholly-owned subsidiary, American Alligator
Acquisition Corp., or LaserCard with the SEC at the website maintained by the
SEC atwww.sec.gov.
Press release PDF:
http://hugin.info/1014/R/1481769/417042.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: ASSA ABLOY via Thomson Reuters ONE
[HUG#1481769]
Unternehmensinformation / Kurzprofil:
Datum: 24.01.2011 - 13:01 Uhr
Sprache: Deutsch
News-ID 50668
Anzahl Zeichen: 2675
contact information:
Town:
Stockholm
Kategorie:
Business News
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"ASSA ABLOY: Tender offer for LaserCard completed"
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