Theragenics Corporation (TGX)

[surf1944]

8:32AM Theragenics plans to repurchase up to $10 mln of its shares in a modified dutch auction tender offer (TGX) 1.76 : Co announced it is commencing a modified 'Dutch Auction' tender offer to purchase up to $10 mln of its common stock. Under the terms of the tender offer, Theragenics stockholders will have the opportunity to tender some or all of their shares at a price within a range of $2.00 to $2.40 per share. Based on the number of shares tendered and the prices specified by the tendering stockholders, Theragenics will determine the lowest per share price within the range that will enable it to buy $10 million of its shares, or such lesser number of shares that are properly tendered.