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Article: Clark Files Solicitation/Recommendation Statement Related to the Commencement of Tender Offer by AEGON.
- Article from:
- PR Newswire
- Article date:
- December 13, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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$16.55 Offer Announced November 1 Represents 32% Premium to Clark Stockholders From Closing Stock Price on Day of Merger Announcement
Auction for Certain Businesses of Clark Consulting to be Completed Prior to Tender Offer Expiration Date
BARRINGTON, Ill., Dec. 13 /PRNewswire-FirstCall/ -- Clark, Inc. today announced it filed its Solicitation/Recommendation Statement with the SEC related to the tender offer by a US subsidiary of AEGON N.V. to purchase all of the outstanding shares of Clark common stock for $16.55 per share in cash. The offer represents a 32% premium based on the closing stock price of Clark stock of $12.50 on November 1, 2006, the day ...