nice churning today ~ Icahn news Icahn Enterprises (IEP) announces the expiration of its tender offer of VIVUS' 4.50% Convertible Senior Notes due 2020; minimum condition was satisfied (1.82)
As of the Expiration Date, the Offeror received tenders for $170,165,000 aggregate principal amount (or 68%) of the issued and outstanding Notes, which satisfied the minimum condition of the Offer. The remaining conditions upon which the consummation of the Offer was subject have also been satisfied.
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