Shift4 Payments (FOUR) announced that it is further extending its previously announced all-cash tender offer through its indirect wholly owned subsidiary, GT Holding 1 GmbH, a Swiss limited liability company, to purchase all of the outstanding shares of Global Blue Group Holding (GB) pursuant to the previously announced transaction agreement, dated as of February 16 between Global Blue and Shift4, and, from and after its execution and delivery of a joinder thereto on February 25, Merger Sub. The transaction is expected to close by the Q3 as previously announced. The tender offer will remain open until one minute after 11:59 p.m. on June 5 and may be extended again while the parties await certain regulatory approvals. Equiniti Trust Company, the depositary and paying agent for the tender offer, has reported that, as of one minute after 11:59 p.m. on May 20, approximately 232,150,795 shares have been validly tendered and not withdrawn, representing approximately 96.66% of the issued and outstanding shares.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FOUR:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue