September 3rd, 2010
(AHOM.OB) ;American HomePatient, Inc. Extends Self-Tender Offer For All Outstanding Shares Of Common Stock
Posted on 30. Aug, 2010 by PublicWire
(PublicWire.com Medical News Release) American HomePatient, Inc. (OTCBB: AHOM) (”American HomePatient” or the “Company”), one of the nation’s largest home health care providers, today announced that it is extending its previously announced self-tender offer for all outstanding shares of common stock of the Company at $0.67 per share, until 5:00 P.M., New York City time, Wednesday, September 1, 2010, unless the tender offer is further extended. The tender offer was previously set to expire at 5:00 P.M., New York City Time, Wednesday, August 25, 2010.
Furthermore, American HomePatient (with the consent of Highland Capital Management, L.P. (”Highland”)) is modifying the tender offer condition that the number of shares tendered, when added to the number of shares owned by Highland and its affiliates, constitutes at least 90% of the then outstanding shares of common stock (the “Minimum Condition”). Instead of 90%, the Minimum Condition will now be satisfied if the number of shares tendered, when added to the number of shares owned by Highland and its affiliates, constitutes at least 80% of the then outstanding shares of common stock.
As of the close of business on August 25, 2010, 6,896,041 shares of common stock had been tendered in and not withdrawn from the offer. These tendered shares, when added to the number of shares owned by Highland and its affiliates, constitute approximately 87% of the outstanding shares of common stock.
(AHOM.OB) ;American HomePatient, Inc. Extends Self-Tender Offer For All Outstanding Shares Of Common Stock
AHOM.OB, AHOM.OTCBB, OTCBB:AHOM, AHOM
Forward Looking Statements
Certain statements in this press release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate, “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “potential,” “intend,” and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the “company to be materially different from those expressed or implied by such forward-looking statements.
For all the latest in small cap news, videos, and information, visit us online at PublicWire.com, or call us, toll free, at 888-843-1412.
(PublicWire.com Medical News Release) American HomePatient, Inc. (OTCBB: AHOM) (”American HomePatient” or the “Company”), one of the nation’s largest home health care providers, today announced that it is extending its previously announced self-tender offer for all outstanding shares of common stock of the Company at $0.67 per share, until 5:00 P.M., New York City time, Wednesday, September 1, 2010, unless the tender offer is further extended. The tender offer was previously set to expire at 5:00 P.M., New York City Time, Wednesday, August 25, 2010.
Furthermore, American HomePatient (with the consent of Highland Capital Management, L.P. (”Highland”)) is modifying the tender offer condition that the number of shares tendered, when added to the number of shares owned by Highland and its affiliates, constitutes at least 90% of the then outstanding shares of common stock (the “Minimum Condition”). Instead of 90%, the Minimum Condition will now be satisfied if the number of shares tendered, when added to the number of shares owned by Highland and its affiliates, constitutes at least 80% of the then outstanding shares of common stock.
As of the close of business on August 25, 2010, 6,896,041 shares of common stock had been tendered in and not withdrawn from the offer. These tendered shares, when added to the number of shares owned by Highland and its affiliates, constitute approximately 87% of the outstanding shares of common stock.
(AHOM.OB) ;American HomePatient, Inc. Extends Self-Tender Offer For All Outstanding Shares Of Common Stock
AHOM.OB, AHOM.OTCBB, OTCBB:AHOM, AHOM
Forward Looking Statements
Certain statements in this press release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate, “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “potential,” “intend,” and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the “company to be materially different from those expressed or implied by such forward-looking statements.
For all the latest in small cap news, videos, and information, visit us online at PublicWire.com, or call us, toll free, at 888-843-1412.
