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Article: Amazon.com Completes Initial Tender Offer for Audible and Announces Subsequent Offering Period to Expire March 14, 2008.
- Article from:
- Business Wire
- Article date:
- March 11, 2008
CopyrightCOPYRIGHT 2008 Business Wire. 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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SEATTLE -- Amazon.com, Inc. (NASDAQ:AMZN), today announced the completion of its initial tender offer for all outstanding shares of Audible, Inc. (NASDAQ:ADBL). The tender offer expired at 12:00 Midnight, New York City time, at the end of Monday, March 10, 2008.
As of such time, an aggregate of approximately 20.5 million shares of Audible common stock (including approximately 773,000 shares that were tendered pursuant to the guaranteed delivery procedures) had been tendered into, and not withdrawn from, the offer. All of such shares have been accepted in accordance with the terms of the tender offer. The accepted shares, together with the Audible shares already ...