Odd Lot Index

CENTURY BUSINESS SERVICES INC CBZ

No odd-lot preference

Read automatically from the filing
This offer mentions odd lots only to say they get no special treatment. Odd-lot tenders are prorated like everyone else's.
StatusClosed
Closing date2004-04-01
How it is pricedFixed price
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formYes
Price offeredUSD $5.00 per share
Most an odd-lot tender could be$495.00

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

election_required = True...he depositary would not only avoid the payment of brokerage commissions, but also would avoid any applicable odd lot discounts in a sale of the odd lot holder's shares. Any odd lot holder wishing to tender all of its shares pursuant to the tender offer should complete the section entitled "Odd Lots" in the letter of transmittal and, if applicable, in the notice of guaranteed delivery. PRORATION. If proration of tendered shares is required, CBIZ will determine the proration factor as soon as practicable following the expiration date. Proration for each stockholder tendering shares, other than odd lot holders, shall be based on the ratio of the number of shares p...
expiry = 2004-04-01...TO PURCHASE Exhibit (a)(1)(i) OFFER TO PURCHASE FOR CASH BY CENTURY BUSINESS SERVICES, INC. OF UP TO 7,500,000 SHARES OF ITS COMMON STOCK AT $5.00 NET PER SHARE THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON THURSDAY, APRIL 1, 2004, UNLESS THE TENDER OFFER IS EXTENDED. Century Business Services, Inc., a Delaware corporation (CBIZ), is offering to purchase for cash up to 7,500,000 shares of its common stock, par value $0.01 per share, at a purchase price of $5.00 per...
listed = True...more than 7,500,000 shares in the tender offer, subject to applicable law. THE TENDER OFFER IS NOT CONDITIONED ON ANY MINIMUM NUMBER OF SHARES BEING TENDERED. THE TENDER OFFER IS, HOWEVER, SUBJECT TO OTHER CONDITIONS. SEE SECTION 7. Our shares are listed and traded on the Nasdaq National Market under the symbol "CBIZ." On March 3, 2004, the last trading day prior to the commencement of the tender offer, the closing price of our shares on the Nasdaq National Market was $4.50 per share. YOU ARE URGED TO OBTAIN CURRENT MARKET QUOTATIONS FOR THE SHARES BEFORE DECIDING WHETHER TO TENDER YOUR SHARES. SEE SECTION 8. OU...
mechanism = FIXED..., NEW YORK CITY TIME, ON THURSDAY, APRIL 1, 2004, UNLESS THE TENDER OFFER IS EXTENDED. Century Business Services, Inc., a Delaware corporation (CBIZ), is offering to purchase for cash up to 7,500,000 shares of its common stock, par value $0.01 per share, at a purchase price of $5.00 per share net to the seller in cash without interest, upon the terms and subject to the conditions set forth in this offer to purchase and the related letter of transmittal (which together, as they may be amended and supplemented from time to time, constitute the tender offer). Unless the context otherwise requires, all references to shares shall...
mechanism = FIXED...hio (April 08, 2004)--CBIZ (Century Business Services, Inc.) (NASDAQ: CBIZ) today announced the final results of its tender offer, which expired at 5:00 p.m., New York City time, on April 1, 2004. CBIZ will purchase 7.5 million shares of its common stock at a purchase price of $5.00 per share, or a total cost of approximately $37.5 million. Based on the final count by Computershare Investor Services, LLC, the depositary for the offer, 15,434,529 shares of common stock, which includes 13,925 shares tendered through guaranteed delivery procedures, were properly tendered and not withdrawn. Since the offer was oversubscribed, the...
must_tender_all = True...more than 7,500,000 shares are tendered in the tender offer?................ We will purchase shares: - first, from all holders of "odd lots" of less than 100 shares (not including any shares held in the CBIZ Business Services Employee Stock Investment Plan) who properly tender all of their shares and do not properly withdraw them before the expiration date; - second, after purchasing the shares from the "odd lot" holders, from all other stockholders who properly tender shares, on a pro rata basis, subject to the conditional tender provisions described in Section 6; and - third, only if necessary to permit us to purchase 7,500,000...
no_priority = True...proceeds paid to the stockholder or other payee under the tender offer. See Section 3. Also see Section 13 regarding United States federal income tax consequences for foreign stockholders. SECTION 6. CONDITIONAL TENDER OF SHARES. Subject to the exceptions for odd lot holders, in the event of an over-subscription of the tender offer, shares tendered prior to the expiration date will be subject to proration. See Section 1. As discussed in Section 13, the number of shares to be purchased from a particular stockholder may affect the tax treatment of the purchase to the stockholder and the stockholder's decision whether to tender. Accordingly, a stockholder may tender shares subject to the condition that a specified minimum number of the stock...
price = USD 5.0...ENDED. Century Business Services, Inc., a Delaware corporation (CBIZ), is offering to purchase for cash up to 7,500,000 shares of its common stock, par value $0.01 per share, at a purchase price of $5.00 per share net to the seller in cash without interest, upon the terms and subject to the conditions set forth in this offer to purchase and the related letter of transmittal (which together, as they may be amended and supplemented...
price = USD 5.0...y announced the final results of its tender offer, which expired at 5:00 p.m., New York City time, on April 1, 2004. CBIZ will purchase 7.5 million shares of its common stock at a purchase price of $5.00 per share, or a total cost of approximately $37.5 million. Based on the final count by Computershare Investor Services, LLC, the depositary for the offer, 15,434,529 shares of common stock, which includes 13,925 shares tendered t...
threshold = 100...res, none of those shares will be purchased. ODD LOTS. For purposes of the tender offer, the term "odd lots" shall mean all shares properly tendered prior to the expiration date and not properly withdrawn by any person, referred to as an "odd lot holder," who owns beneficially or of record an aggregate of fewer than 100 shares and so certifies in the appropriate place on the letter of transmittal and, if applicable, on the notice of guaranteed delivery. To qualify for this preference, an odd lot holder must tender all shares owned beneficially or of record by the odd lot holder in accordance with the procedures described in Section 3. As set forth above, odd l...
txn_type = TENDER_OFFEREX-99.A.1.I 3 l06155aexv99waw1wi.txt OFFER TO PURCHASE Exhibit (a)(1)(i) OFFER TO PURCHASE FOR CASH BY CENTURY BUSINESS SERVICES, INC. OF UP TO 7,500,000 SHARES OF ITS COMMON STOCK AT $5.00 NET PER SHARE THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON THURSDAY, APRIL 1, 2004, UNLESS THE TENDER OFFER IS EXTENDED. Century Business Services, Inc., a Delaw...
txn_type = TENDER_OFFER...exv99waw5wvii.txt EXHIBIT (A)(5)(VII) PRESS RELEASE PRESS RELEASE [CBIZ Century Business Services, Inc. Logo] FOR IMMEDIATE RELEASE CONTACT: LORI NOVICKIS Century Business Services, Inc. Cleveland, Ohio (216) 447-9000 CBIZ ANNOUNCES PRELIMINARY RESULTS OF ITS TENDER OFFER Cleveland, Ohio (April 02, 2004)--CBIZ (Century Business Services, Inc.) (NASDAQ: CBIZ) today announced the preliminary results of its tender offer, which expired at 5:00 p.m., New York City time, on April 1, 2004. CBIZ commenced the tender offer on March 4, 2004, when it offered to purchase up to 7.5 million shares of its outstanding co...
txn_type = TENDER_OFFER....txt EXHIBIT 99(A)(5)(VIII) PRESS RELEASE Exhibit (a)(5)(viii) PRESS RELEASE [Century Business Services, Inc. Logo] FOR IMMEDIATE RELEASE CONTACT: LORI NOVICKIS Century Business Services, Inc. Cleveland, Ohio (216) 447-9000 CBIZ ANNOUNCES FINAL RESULTS OF ITS TENDER OFFER Cleveland, Ohio (April 08, 2004)--CBIZ (Century Business Services, Inc.) (NASDAQ: CBIZ) today announced the final results of its tender offer, which expired at 5:00 p.m., New York City time, on April 1, 2004. CBIZ will purchase 7.5 million shares of its common stock at a purchase price of $5.00 per share, or a total cost of approximately...

The filings

FiledFormRoleOn EDGAR
2004-03-04SC TO-Ioriginal (governing)View
2004-04-02SC TO-I/AamendmentView
2004-04-08SC TO-I/AamendmentView