Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Fedders Announces Result of Stock Offer
Dec 30, 2002
 Printable format
 Email this Article
 Search

Fedders Corporation, a manufacturer of air-treatment products, including air-conditioners, air cleaners, dehumidifiers, and humidifiers, today announced the results of its offer to holders of its Common Stock to exchange each of their Common shares for shares of Series A Cumulative Preferred Stock. The offer expired at 5:00 p.m., New York City, NY, U.S. time, on Dec. 27, 2002.

Fedders disclosed that 2,315,929 shares of its common stock had been validly tendered and not withdrawn. Fedders will exchange .14 shares of its new Series A Cumulative Preferred Stock for each share of Common Stock tendered and issue a total of approximately 324,230 shares of Series A Cumulative Preferred Stock. No fractional shares of Series A Cumulative Preferred Stock will be issued. Shareholders will receive cash in lieu of any fractional shares to which they would otherwise be entitled. The shares of Series A Cumulative Preferred Stock will trade on the New York Stock Exchange under the symbol FJCPrA when issued.

Georgeson Shareholder Communications, Inc. is acting as the information agent for the offer.

Back to Daily News

 

Daily News

...........................................................

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Ar├želik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows