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Article: Initial Offer Period for Abengoa's Tender Offer for High Plains Corporation Expires; Subsequent Offering Period Provided.
- Article from:
- PR Newswire
- Article date:
- December 18, 2001
CopyrightCOPYRIGHT 2001 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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SEVILLE, Spain -- Abengoa, S.A. today announced that the initial offer period of its tender offer by its wholly owned subsidiary, ASA Environment & Energy Holding AG (ASA), to purchase all of the outstanding shares of common stock of High Plains Corporation expired Monday, December 17, 2001, at midnight, Eastern Standard Time.
Following the expiration, the preliminary results of the tender offer show that the shares tendered totaled 14,208,645 shares, representing approximately 86.32% of the outstanding shares of High Plains' common stock.
Abengoa has accepted for purchase and payment all of the shares that were validly tendered as of the expiration ...