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Article: American Hoechst Corp. extends expiration date of its tender offer for all outstanding shares of Celanese Corp.'s stock.
- Article from:
- PR Newswire
- Article date:
- February 17, 1987
CopyrightCOPYRIGHT 1987 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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SOMERVILLE, N.J., Feb. 17 /PRNewswire/ -- American Hoechst Corporation announced today it has extended the expiration date of its tender offer for all outstanding shares of stock of Celanese Corporation to 5 p.m. EST on Friday, Feb. 20, unless further extended.
American Hoechst said it is continuting its discussions with the staff of the Federal Trade Commission aimed at arriving at an agreement with the FTC in order to permit the consummation of the tender offer.
American Hoechst has been advised by the depositary that as of 9 a.m. EST today, aproximately 8,995,621 shares ...