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Article: American Hoechst Corp. tender offer for all of the outstanding shares of common stock, convertible preference stock and 7% second preferred stock of Celanese Corp expires.
- Article from:
- PR Newswire
- Article date:
- February 23, 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. 23 /PRNewswire/ -- American Hoechst Corporation announced today that the tender offer for all of the outstanding shares of common stock, convertible preference stock and the 7 percent second preferred stock of Celanese Corporation expired at midnight, New York City time, on Friday, Feb. 20, 1987.
As of 12:01 a.m., New York City time, on Saturday, Feb. 21, 1987, its wholly owned subsidiary, Hostachem Acquisition Incorporated, accepted for payment all shares which had been validly tendered and not withdrawn prior to the expiration date.
American Hoechst has been advised by the depository that as of midnight, ...