Mestek, Inc. Announces Final Results of Tender Offer
17 Décembre 2009 - 11:12PM
PR Newswire (US)
WESTFIELD, Mass., Dec. 17 /PRNewswire-FirstCall/ -- Mestek, Inc.
(Pink Sheets: MCCK) (the "Company"), today announced the final
results of its modified "Dutch Auction" tender offer, which expired
at 5 p.m. on Tuesday, December 15, 2009. The Company accepted for
purchase 28,839 shares of its common stock, representing all of the
shares of its common stock validly tendered in the tender offer, at
a price of $7.00 per share, for a total cost of $201,873, excluding
fees and expenses related to the offer. These shares represent
approximately .36% of the shares outstanding on September 30, 2009.
Computershare, Inc. will promptly pay for the shares accepted for
purchase. With the completion of the tender offer, the Company now
has approximately 7,960,918 shares outstanding. Shareholders and
investors who have questions or need information about the offer
may contact the information agent, MacKenzie Partners, Inc., toll
free at (800) 322-2885 or collect at (212) 929-5500. Mestek, Inc.
engages in the manufacture and sale of heating, ventilating and air
conditioning (HVAC) equipment, and metal-forming equipment in the
United States and Canada, and the provision of healthcare
information technology systems and related software, billing and
consulting services. The Company was incorporated in 1898 as Mesta
Machine Company and changed its name to Mestek, Inc. in 1984.
Mestek is headquartered in Westfield, Massachusetts. For more
information, visit http://www.mestek.com/. This news release
discusses certain matters that may be considered "forward-looking"
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements regarding the intent,
belief or current expectations of the Company and its management.
Such forward-looking statements are not guarantees of future
performance and involve a number of risks and uncertainties that
could materially affect actual results. All information set forth
in this news release is as of today's date, and the Company
undertakes no duty to update this information. DATASOURCE: Mestek,
Inc. CONTACT: Cindy Lacoste, Mestek, Inc. +1-413-568-9571
(Corporate), Fax: +1-413-568-7428, Web Site: http://www.mestek.com/
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