HIG Ekes Out $49M Comverge Buy In Extended Tender Offer
Nearly 14.5 million shares were traded for $1.75 in cash apiece during the tender offer, which closed Wednesday at 5 p.m. after a one-day extension. That amounts to a 52.2 percent of total outstanding shares, barely meeting the 50 percent minimum threshold to proceed with the buyout.
Now, HIG will...
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