Silgan accepts purchase of 5,524,861 shares of its common stock for approximately US$250M in tender offer
Elyse Blye
STAMFORD, Connecticut
,
February 8, 2013
(press release)
–
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid packaging for shelf-stable food and other consumer goods products, today announced the final results of its “modified Dutch auction” tender offer, which expired at 5:00 p.m., New York time, on Tuesday, February 5, 2013. Silgan has accepted for purchase 5,524,861 shares of its common stock at a price of $45.25 per share, for a total purchase price of approximately $250 million. The final proration factor for the offer is approximately 64.5 percent. Payment for the shares accepted for purchase, and return of all other shares tendered and not accepted for purchase, will be made promptly by Computershare Shareowner Services LLC, the depositary for the tender offer.
Citigroup served as the dealer manager for the tender offer. Computershare Shareowner Services LLC served as the depositary for the tender offer. Georgeson Inc. served as the information agent for the tender offer. Stockholders and investors who have questions or need information about the tender offer may contact Georgeson Inc. at (866) 296-5716.
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