![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Greenfield Online (MM) | NASDAQ:SRVY | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 17.47 | 0 | 01:00:00 |
o | Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
The Offer and withdrawal rights expired at 12:00 midnight, New York City time, at the end of Wednesday, October 8, 2008. Based on information provided to Parent by the Depositary, as of such time, an aggregate of 25,946,766 Shares (including 2,684,338 Shares tendered pursuant to the guaranteed delivery procedures set forth in the Offer to Purchase) were validly tendered and not withdrawn pursuant to the Offer. Parent and Offeror have been also informed by the Company that the number of issued and outstanding Shares as of October 8, 2008, the date of the expiration of the Offer, was 26,370,252. The validly tendered Shares (including the Shares tendered pursuant to the guaranteed delivery procedures), together with the 1,500 Shares already owned by Parent, represent approximately 98.4% of the outstanding Shares as of October 8, 2008. The Offeror has accepted for payment all Shares that were validly tendered and not withdrawn pursuant to the terms of the Offer. Payment for Shares accepted for payment is expected to be made immediately pursuant to the terms of the Offer.
Pursuant to the Microsoft Agreement, each director of the Company, other than Joel R. Mesznik and Joseph A. Ripp, submitted letters of resignation from the Board effective immediately upon the Acceptance Time. Effective immediately upon the Acceptance Time, the Board appointed Keith R. Dolliver, Benjamin O. Orndorff and John A. Seethoff as directors of the Company. Such individuals were designated for appointment as directors by Parent pursuant to the Microsoft Agreement, and their appointment provides Parent with majority representation on the Board.
Parent intends to effect, as soon as practicable after the satisfaction of all the conditions set forth in the Microsoft Agreement, a short-form merger of the Offeror with and into the Company, with the Company as the surviving corporation (the Merger). If necessary to effectuate the short-form merger, the Company was informed by the Offeror that it will exercise the Top-Up Option under the Microsoft Agreement to purchase from the Company, at a price of $17.50 per Share, the number of newly issued Shares equal to the number of Shares that, when added to the number of Shares directly or indirectly owned by Parent or any of its subsidiaries (including the Offeror) at the time of exercise of the Top-Up Option, constitutes the least amount required so that Parent and the Offeror own more than 90% of the number of Shares outstanding on a fully diluted basis immediately after exercise of the Top-Up Option. At the time upon which the Merger will become effective (the Effective Time), each Share outstanding immediately prior to the Effective Time (other than any Shares held (i) by any direct or indirect wholly owned subsidiary of the Company, which Shares will be cancelled and cease to exist without delivery of consideration, (ii) in treasury by the Company, which Shares will be cancelled and cease to exist without delivery of consideration, or (iii) by stockholders who exercise appraisal rights under Delaware law with respect to the Shares) will be canceled and converted into the right to receive the same $17.50 in cash per Share, without interest thereon and less any required withholding taxes, that was paid in the Offer. Following the Merger, the Company was informed by Parent that it intends to delist the Shares from the NASDAQ Global Market and the Company will become a direct wholly owned subsidiary of Parent.
2
GREENFIELD ONLINE, INC.
|
||||
By: | /s/ Albert Angrisani | |||
Name: | Albert Angrisani | |||
Title: | President and Chief Executive Officer | |||
3
1 Year Greenfield Online Chart |
1 Month Greenfield Online Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions