checkAd

     490  0 Kommentare Time Warner Inc. Announces Expiration and Final Settlement of Tender Offers and Consent Solicitations - Seite 3

    Holders or beneficial owners of Debentures (the “Holders”) who validly tendered and, if applicable with respect to such Debentures, validly delivered their Consents after the Early Tender Deadline and at or prior to the Expiration Date received consideration, per $1,000 principal amount, equal to the applicable Total Consideration (as set forth above) minus the applicable early tender premium for such Series of Debentures (and related Consents, if applicable), equal to $50 per $1,000 principal amount of such Series of Debentures accepted for purchase (the “Early Tender Premium”). In addition, Holders whose Debentures were accepted for purchase pursuant to the Offers after December 22, 2017 (the early settlement date) also received accrued and unpaid interest from the last interest payment date for the applicable Series of Debentures up to, but not including, the Final Settlement Date.

    BofA Merrill Lynch and Citigroup Global Markets Inc. acted as Dealer Managers for the Offers and Solicitation Agents for the Consent Solicitations. D.F. King & Co., Inc. acted as the Tender Agent and Information Agent. Requests for documents may be directed to D.F. King & Co., Inc. at (888) 644-5854 (toll free) or (212) 269-5550 (banks and brokers). Questions regarding the Offers may be directed to BofA Merrill Lynch at (888) 292-0070 and Citigroup Global Markets Inc. at (800) 558-3745.

    This announcement is for informational purposes only and is not an offer to purchase or sell or a solicitation of an offer to purchase or sell, with respect to any securities. The solicitation of offers to buy the Debentures was only made pursuant to the terms of the Offer to Purchase and the related Consent and Letter of Transmittal. The Offers were not made in any state or jurisdiction in which such offers would be unlawful. None of Time Warner, the Dealer Managers, the Solicitation Agents or the Tender Agent and Information Agent made any recommendation as to whether or not Holders should tender their Debentures in connection with the Offers or deliver Consents in connection with the Consent Solicitations.

    ABOUT TIME WARNER INC.

    Time Warner Inc., a global leader in media and entertainment with businesses in television networks and film and TV entertainment, uses its industry-leading operating scale and brands to create, package and deliver high-quality content worldwide on a multi-platform basis.

    CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

    This document contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological, strategic and/or regulatory factors and other factors affecting the operation of Time Warner’s businesses, including the pending merger with AT&T Inc. More detailed information about these factors may be found in filings by Time Warner with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Time Warner is under no obligation, and expressly disclaims any such obligation, to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

    Seite 3 von 3



    Business Wire (engl.)
    0 Follower
    Autor folgen

    Weitere Artikel des Autors


    Time Warner Inc. Announces Expiration and Final Settlement of Tender Offers and Consent Solicitations - Seite 3 Time Warner Inc. (NYSE:TWX) today announced the final settlement (the “Final Settlement Date”) by Time Warner Inc. (“Time Warner”) of its previously announced cash tender offers (the “Offers”) to purchase the …

    Schreibe Deinen Kommentar

    Disclaimer