|
|
Article: Caressa Group Inc. and AEA Investors Inc. sign loan agreements to provide loans to Footwear Acquisition Inc. for the purpose of purchasing Caressa stock.
- Article from:
- PR Newswire
- Article date:
- November 12, 1984
CopyrightCOPYRIGHT 1984 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)
|
MIAMI, Nov. 12 /PRNewswire/ -- Caressa Group, Inc. (NYSE: CSA) and AEA Investors, Inc. today announced jointly that definitive bank loan agreements have been signed providing for loans to Footwear Acquisition Inc., a corporation organized by AEA, for the purpose of purchasing the outstanding shares of common stock of Caressa pursuant to the pending tender offer and subsequent merger of Caressa and Footwear.
Under the offer to purchase, Caressa and Acquisition may now purchase shares as soon as a minimum of 2,953,010 shares have been properly tendered. Caressa and Acquisition intend to purchase shares as soon as that minimum condition is satisfied. As of 12:00 ...