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Article: Harbinger Capital Partners Demands Oglebay Norton Board Remove Impediments to $31 Per Share All Cash Offer.
- Article from:
- Business Wire
- Article date:
- September 11, 2007
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Despite Overwhelming Response and Unmatched Value, Board Has Refused to Engage in Dialogue With Harbinger Capital Partners
Harbinger Capital Partners Offer Expires Friday, September 14, 2007 at 5:00 pm
NEW YORK -- Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. (together "Harbinger Capital Partners") today demanded that the Board of Directors of Oglebay Norton Company (Pink Sheets: OGBY) remove the remaining impediments to its offer to acquire all of the outstanding Shares of Oglebay Norton for $31.00 per Share in cash plus one Contingent Value Right per Share (the "Offer") before the offer ...