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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tupperware Brands | NYSE:TUP | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.1113 | -5.98% | 1.7487 | 1.9399 | 1.71 | 1.91 | 2,259,215 | 00:56:36 |
Delaware
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1-11657
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36-4062333
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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14901 South Orange Blossom Trail
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Orlando
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FL
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32837
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(Address of principal executive offices)
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(Zip Code)
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock, $0.01 par value
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TUP
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New York Stock Exchange
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Establishes two separate closings for the properties covered by the Purchase and Sale Agreement, with the first closing (which includes the land and related buildings subject to the lease back) expected to occur in September 2020 for $48.6 million, and the second closing expected to occur in December 2020 for $37.4 million (which includes transportation impact fee credits). Each closing is subject to successful completion of due diligence and standard closing conditions.
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Requires O’Connor to pay an aggregate deposit of $1.5 million in advance of each of the first and second closings, with events under which the second deposit would become refundable;
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Requires soil remediation efforts as a condition to closing; and
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Extends the due diligence inspection periods to August 31, 2020 with respect to the first closing, and November 15, 2020 with respect to the second closing.
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TUPPERWARE BRANDS CORPORATION
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(Registrant)
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Date:
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July 27, 2020
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By:
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/s/ Karen M. Sheehan
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Karen M. Sheehan
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Executive Vice President, Chief Legal Officer & Secretary
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1 Year Tupperware Brands Chart |
1 Month Tupperware Brands Chart |
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