INDEPENDENCE HOLDING CO

election_required = True...ewer than 100 shares of IHC common stock and I tender all of my shares, will I be subject to proration? If you own fewer than 100 shares of IHC common stock in the aggregate, properly tender and do not withdraw all of your Shares prior to the Expiration Time, complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery and all conditions to the Offer are satisfied or waived, we will purchase all of your Shares without proration. Section 1 “Number of Shares of IHC Common Stock; Purchase Price; Proration.” 10 If I tender my Shares, can I withdraw my tender? Yes. You may withdraw any Shares you have...

expiry = 2017-06-26...Offer to Purchase for Cash by Independence Holding Company of Up to 2,000,000 Shares of its Common Stock At a Purchase Price of $20.00 Net Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON MONDAY, JUNE 26, 2017, UNLESS THE OFFER IS EXTENDED OR WITHDRAWN (SUCH DATE, AS IT MAY BE EXTENDED, THE “EXPIRATION TIME”). Independence Holding Company, a Delaware corporation (the “Company” or “IHC”), is offering to purchase for cash up to 2,000,000 shares of...

listed = True...were 16,377,756 shares of our common stock issued and outstanding. The 2,000,000 Shares that we are offering to purchase under the Offer represent approximately 12.21% of our shares of common stock outstanding as of April 30, 2017. Our shares of common stock are listed on the NYSE and trade under the symbol “IHC.” We announced our intention to make the Offer at a price per share of $20.00 after the market closed on May 22, 2017. On May 22, 2017, the last trading day before that announcement, the reported closing price of IHC common stock on the NYSE was $17.35 per share. On May 25, 2017, the last full trading day...

mechanism = FIXED...legally required. 14 INTRODUCTION To the Stockholders of IHC: Introduction Upon the terms and subject to the conditions of the Offer, we are offering to purchase from our stockholders up to 2,000,000 shares of our common stock, par value $1.00 per share, at a Purchase Price of $20.00 per Share, net to the seller in cash, without interest, less any applicable withholding tax. The Offer will expire at 5:00 p.m., Eastern Time, on Monday, June 26, 2017, unless the Offer is extended or withdrawn. Only Shares properly tendered in the Offer and not properly withdrawn that are accepted by us will be purchased upon the terms and subjec...

mechanism = FIXED...operly tendered and not withdrawn, including approximately 28,983 shares that were tendered through notice of guaranteed delivery and 5,689 shares that were tendered as odd lots. Accordingly, IHC expects to accept for purchase a total of 1,390,266 shares at a purchase price of $20.00 per share, for an aggregate purchase price of $27,805,320. The number of shares tendered and not withdrawn (including the number of shares tendered as odd lots) are preliminary and are subject to verification by the Depositary and the proper delivery of all shares tendered (including shares tendered pursuant to guaranteed delivery procedures). The...

price = USD 20.0...the terms and subject to the conditions of the Offer, we are offering to purchase from our stockholders up to 2,000,000 shares of our common stock, par value $1.00 per share, at a Purchase Price of $20.00 per Share, net to the seller in cash, without interest, less any applicable withholding tax. The Offer will expire at 5:00 p.m., Eastern Time, on Monday, June 26, 2017, unless the Offer is extended or withdrawn. Only Shares prope...

price = USD 20.0...re tendered through notice of guaranteed delivery and 5,689 shares that were tendered as odd lots. Accordingly, IHC expects to accept for purchase a total of 1,390,266 shares at a purchase price of $20.00 per share, for an aggregate purchase price of $27,805,320. The number of shares tendered and not withdrawn (including the number of shares tendered as odd lots) are preliminary and are subject to verification by the Depositary an...

threshold = 100...f the Offer, all of the Shares tendered and not properly withdrawn will be subject to the “odd lot” priority and proration provisions described herein. For more information, see Section 1 “Number of Shares of IHC Common Stock; Purchase Price; Proration.” If I own fewer than 100 shares of IHC common stock and I tender all of my shares, will I be subject to proration? If you own fewer than 100 shares of IHC common stock in the aggregate, properly tender and do not withdraw all of your Shares prior to the Expiration Time, complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Not...

txn_type = CONSOLIDATION...endered. The Offer is, however, subject to the satisfaction of certain conditions set forth in this Offer to Purchase. For more information, see Section 6 “Conditions of the Offer.” The Purchase Price will be adjusted to reflect the effect of any stock split, reverse stock split, stock dividend, cash dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to shares of IHC common stock that occurs on or after May 26, 2017 and prior to the date any Shares are accepted for payment. If more than 2,000,000 Shares are properly tendered pursuant to...

txn_type = TENDER_OFFER...S THE PRELIMINARY RESULTS OF ITS TENDER OFFER TO REPURCHASE UP TO 2,000,000 SHARES OF ITS COMMON STOCK Stamford, Connecticut, June 26, 2017. Independence Holding Company (NYSE:IHC) (“IHC” or the “Company”) announced today the preliminary results of its tender offer to purchase up to 2,000,000 shares of its common stock at a price per share of $20.00, net to the seller in cash, without interest, less any applicable withholding taxes, which expired at 5:00 p.m., Eastern time, on June 26, 2017. Based on the preliminary count by Broadridge Corporate Issuer Solutions, Inc., the Depositary for the tender offer, appr...