|
|
Article: Garden Ridge Corporation Announces Final Results of Self-Tender Offer.
- Article from:
- PR Newswire
- Article date:
- October 5, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association, Inc. 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)
|
HOUSTON, Oct. 5 /PRNewswire/ -- Garden Ridge Corporation (Nasdaq: GRDG) announced today the final results of its self-tender offer which expired Thursday, September 23, 1999 at 5:00 p.m. Eastern Daylight Savings Time. The Company commenced its offer to purchase up to 3,000,000 shares of its Common Stock at a price of $7.00 per share on Thursday, August 26, 1999.
Based upon a final count by the Depositary, the Company accepted for purchase 1,189,411 shares of Common Stock at $7.00 per share. Payment was made on September 28, 1999 for all shares accepted for purchase. The shares of Common Stock purchase represent approximately 7 of the outstanding Common Stock ...