DOVER MOTORSPORTS INC
Terms unclear
Unclear — read the filing yourself
| Status | Closed |
|---|---|
| Closing date | 2005-09-08 |
| How it is priced | Fixed price |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Not stated |
| Price offered | USD $7.00 per share |
| Most an odd-lot tender could be | $693.00 |
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.
expiry = 2005-09-08...19 Shares of its Class A Common Stock (Including, in Each Case, the Associated Stock Purchase Rights) At a Purchase Price of $7.00 Per Share by DOVER MOTORSPORTS, INC. The offer and withdrawal rights will expire at 5:00 P.M., New York City time, on Thursday, September 8, 2005, unless we extend the offer. Dover Motorsports, Inc., a Delaware corporation (the “Company”), is offering to purchase up to 1,706,543 shares of its common stock, par value $0.10 per share (the “Common Stock”), and up to 2,323,019 shares of...
listed = True...ense promptly after the expiration of the Offer. The Offer is not conditioned upon any minimum number of shares being tendered. The Offer is, however, subject to other conditions. See Section 7, “Conditions of the Offer” beginning on page 10. Our Common Stock is listed on the New York Stock Exchange under the symbol “DVD.” Our Class A Common Stock is not publicly traded but is freely convertible at any time into Common Stock on a share for share basis at the option of the stockholder. On August 4, 2005, the last full trading day before we announced the Offer, the reported closing price of our Common Stock on the New York Stock Excha...
mechanism = FIXED...TO PURCHASE Offer to Purchase Table of Contents Exhibit (a)(1)(i) Offer to Purchase for Cash Up to 1,706,543 Shares of its Common Stock and Up to 2,323,019 Shares of its Class A Common Stock (Including, in Each Case, the Associated Stock Purchase Rights) At a Purchase Price of $7.00 Per Share by DOVER MOTORSPORTS, INC. The offer and withdrawal rights will expire at 5:00 P.M., New York City time, on Thursday, September 8, 2005, unless we extend the offer. Dover Motorsports, Inc., a Delaware corporation (the “Company”), is offering to purchase up to 1,706,543 shares of its common stock, par value $0.10 per share (the “Common St...
mechanism = FIXED...113 shares of Common Stock and 2,311,960 shares of Class A Common Stock, were properly tendered and not properly withdrawn. All of the 2,311,960 shares of Class A Common Stock properly tendered and not properly withdrawn will be acquired by the Company at the purchase price of $7.00 per share. Because the tender for shares of Common Stock was oversubscribed, shares of Common Stock properly tendered and not properly withdrawn will be acquired by the Company at the purchase price of $7.00 per share and a proration factor of approximately 32.59 percent for shares tendered will be applied. This means that approximately 32.59 perc...
must_tender_all = True...se would have expired. See Section 8, “Extension of the Offer; Termination; Amendments.” In what order will tendered shares be purchased? Will tendered shares be prorated? • First, we will purchase shares from all holders of “odd lots” of less than 100 shares who properly tender all of their shares, and do not properly withdraw such shares; and • Second, after purchasing all shares from the “odd lot holders,” we will then purchase shares from all other stockholders who have tendered and not properly withdrawn their shares, on a pro rata basis, subject to the conditional tender provisions described in Section 6, “Conditional Tender...
price = USD 7.0...ase for Cash Up to 1,706,543 Shares of its Common Stock and Up to 2,323,019 Shares of its Class A Common Stock (Including, in Each Case, the Associated Stock Purchase Rights) At a Purchase Price of $7.00 Per Share by DOVER MOTORSPORTS, INC. The offer and withdrawal rights will expire at 5:00 P.M., New York City time, on Thursday, September 8, 2005, unless we extend the offer. Dover Motorsports, Inc., a Delaware corporation (the “...
price = USD 7.0...operly tendered and not properly withdrawn. All of the 2,311,960 shares of Class A Common Stock properly tendered and not properly withdrawn will be acquired by the Company at the purchase price of $7.00 per share. Because the tender for shares of Common Stock was oversubscribed, shares of Common Stock properly tendered and not properly withdrawn will be acquired by the Company at the purchase price of $7.00 per share and a prora...
threshold = 100...f Contents TABLE OF CONTENTS Page WHERE YOU CAN FIND MORE INFORMATION ii FACTORS THAT MAY AFFECT OPERATING RESULTS; FORWARD-LOOKING STATEMENTS iii SUMMARY TERM SHEET iv INTRODUCTION 1 THE OFFER 3 1. Number of Shares; Proration; Expiration Date 3 2. Tenders by Odd Lot Owners (Holders of Fewer than 100 Shares) 4 3. Procedures for Tendering Shares 5 4. Withdrawal Rights 8 5. Acceptance for Payment of Shares and Payment of Purchase Price 8 6. Conditional Tender of Shares 9 7. Conditions of the Offer 10 8. Extension of the Offer; Termination; Amendments 11 9. Purpose of the Offer; Certain Effects of the Offer; Plans or Proposals 12 10. Price Ran...
txn_type = TENDER_OFFEREX-99.(A)(1)(I) 2 dex99a1i.htm OFFER TO PURCHASE Offer to Purchase Table of Contents Exhibit (a)(1)(i) Offer to Purchase for Cash Up to 1,706,543 Shares of its Common Stock and Up to 2,323,019 Shares of its Class A Common Stock (Including, in Each Case, the Associated Stock Purchase Rights) At a Purchase Price of $7.00 Per Share by DOVER MOTORSPORTS, INC. The offer and withdrawal right...
txn_type = TENDER_OFFER...Finance and Chief Financial Officer Dover, Delaware, September 9, 2005 (302) 857-3745 DOVER MOTORSPORTS, INC. ANNOUNCES PRELIMINARY RESULTS OF ITS SELF TENDER Dover Motorsports, Inc. (NYSE: DVD), announced today the preliminary results of its self tender. The tender offer expired at 5:00 P.M., New York City time, on September 8, 2005. Based on a preliminary count by the depositary for the tender offer, 5,227,113 shares of Common Stock and 2,311,960 shares of Class A Common Stock, were properly tendered and not properly withdrawn. All of the 2,311,960 shares of Class A Common Stock properly tendered and no...
txn_type = TENDER_OFFER...President-Finance and Chief Financial Officer Dover, Delaware, September 15, 2005 (302) 857-3745 DOVER MOTORSPORTS, INC. ANNOUNCES FINAL RESULTS OF ITS SELF TENDER Dover Motorsports, Inc. (NYSE: DVD), announced today the final results of its self tender. The tender offer expired at 5:00 P.M., New York City time, on September 8, 2005. Based on the final count by the depositary for the tender offer, 5,210,668 shares of Common Stock and 2,311,960 shares of Class A Common Stock, have been tendered and not withdrawn or rejected. All of the 2,311,960 shares of Class A Common Stock have been accepted for purcha...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2005-08-10 | SC TO-I | original (governing) | View |
| 2005-09-09 | SC TO-I/A | amendment | View |
| 2005-09-15 | SC TO-I/A | amendment | View |