Odd Lot Index

LOGANSPORT FINANCIAL CORP

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2004-06-29
How it is pricedFixed price
Odd-lot threshold—
Must tender everything you holdNot stated
Must tick the odd-lot box on the formNot stated
Price offeredUSD $22.50 per share
Most an odd-lot tender could be$2,227.50

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 = 2004-06-29...OMITTED] LOGANSPORT FINANCIAL CORP. OFFER TO PURCHASE FOR CASH ALL SHARES OF ITS COMMON STOCK HELD BY HOLDERS OF 99 OR FEWER SHARES FOR A PURCHASE PRICE OF $22.50 NET PER SHARE This Offer to Purchase will expire at 5:00 p.m. Eastern Daylight Saving Time on Tuesday, June 29, 2004, unless the Offer is extended or earlier terminated. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved this Offer, passed upon the merits or fairness of this Offer or passed upon...
mechanism = FIXED...d Commercial Banks, Trust Companies and Other Nominees: Logansport Financial Corp., an Indiana corporation ("Logansport") is offering to purchase for cash shares of its common stock (the "Shares") held by holders of 99 or fewer Shares as of May 18, 2004, at a purchase price of $22.50 per Share upon the terms and subject to the conditions set forth in Logansport's Offer to Purchase for Cash, dated May 28, 2004 and in the related Letter of Transmittal, which together constitute the "Offer." THE OFFER IS NOT CONDITIONED ON ANY MINIMUM NUMBER OF SHARES BEING TENDERED PURSUANT TO THE OFFER. No fees or commissions will be payable by...
price = USD 22.5...p., an Indiana corporation ("Logansport") is offering to purchase for cash shares of its common stock (the "Shares") held by holders of 99 or fewer Shares as of May 18, 2004, at a purchase price of $22.50 per Share upon the terms and subject to the conditions set forth in Logansport's Offer to Purchase for Cash, dated May 28, 2004 and in the related Letter of Transmittal, which together constitute the "Offer." THE OFFER IS NOT CON...
threshold = 300...ing their shares in street name. The Company has accepted all of these tenders of Common Stock and is in the process of making payment to such tendering shareholders at the offer price of $22.50 per share. After giving effect to the purchases pursuant to this odd-lot tender offer, the Company estimates that it now has fewer than 300 shareholders of record, which is required in order for the Company to qualify to de-register its common stock with the Securities and Exchange Commission and go private. Thus, the Company's Board of Directors anticipates that the Company will de-register its common stock and cease being a reporting company of the Securities and Exchange Act of...
txn_type = CONSOLIDATION...o considered other alternatives to reduce the number of shareholders to less than 300. These other alternatives 8 included (i) a tender offer made available to all holders of common stock (rather than those odd lot holders owning 99 shares or less) and (ii) a reverse stock split or cash out merger. Specifically, the Board of Directors investigated the possibility of making a tender offer for a fixed number of total shares to all Company shareholders. However, we had no assurances that this type of tender offer would not result in an over subscription by participating shareholders. If such an offer were over-subs...
txn_type = CONSOLIDATION...s" of the Offer to Purchase, other possible transactions the Company might consider if this odd-lot tender offer is unsuccessful in reducing the number of shareholders below 300, include another tender offer (either general or another odd-lot tender offer), a reverse stock split or a cash out merger. It is possible that if the Company were to pursue one of these alternatives the offering price in such transaction could be higher or lower than $22.50 per share. As described more fully in "Special Factors - Our Reasons for Pursuing the Odd-Lot Offer Rather than Other Alternatives" of the Offer to Purchase, the Com...
txn_type = TENDER_OFFER...). This Final Amendment relates to the offer by the Company to purchase for cash all shares of the Company's common stock no par value held by shareholders who own 99 or fewer shares of common stock as of the close of business on May 18, 2004, pursuant to the Offer to Purchase for Cash dated May 28, 2004 and the related Letter of Transmittal. The purpose of this Final Amendment is to report the results of the Offer, which expired at 5:00 p.m., Eastern Daylight Saving Time, on Tuesday, June 29, 2004. The information set forth in Items 1 through 16 of the Schedule 13E-3 are incorporated by reference with respect...

The filings

FiledFormRoleOn EDGAR
2004-05-28SC 13E3original (governing)View
2004-06-18SC 13E3/AamendmentView
2004-07-12SC 13E3/AamendmentView