Current Price – $2.35
Offer Price – $2.41
Upside – 2.5% or $6 (for odd lot holders)
Expiration date – 1 December 2014
Note – as 78% of stock is being purchased there is a high possibility that the offer will be under-subscribed and therefore there will be no proration at all not only for odd lot holders, meaning that 2.5% upside is likely to be realized by all tendering shareholders.
Upon the terms and subject to the