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Article: CVS Caremark Extends Tender Offer for Longs Drug Stores Shares by One Day.
- Article from:
- Business Wire
- Article date:
- October 17, 2008
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77.55% Tendered - Including Tenders Subject to Guaranteed Delivery
Extension To Allow Time for Delivery of Shares Tendered Pursuant to Procedures for Guaranteed Delivery
WOONSOCKET, R.I. -- CVS Caremark Corporation (NYSE: CVS) announced today that it has extended the expiration for its tender offer to purchase all of the outstanding common stock of Longs Drug Stores Corporation (NYSE: LDG), at a price of $71.50 per share in cash, until 6:00 p.m., New York City time, on October 17, 2008. All other terms and conditions of the tender offer remain unchanged.
As of 9:00 p.m. on October 16, 2008 (the date on which the tender offer was scheduled to ...