Brief: Avantax Inc Announces Final Results Of Tender Offer

Avantax

01/03/2023 14:54

March 1 (Reuters) - Avantax Inc  AVTA.O :
    * AVANTAX, INC. ANNOUNCES FINAL RESULTS OF TENDER OFFER
    * AVANTAX-ACCEPTED 8.33 MILLION SHARES FOR PURCHASE AT
PURCHASE
PRICE OF $30.00 PER SHARE,FOR ABOUT $250 MILLION, EXCLUDING FEES
& EXPENSES RELATED TO OFFER
    * AVANTAX - WILL FUND PURCHASE OF SHARES IN TENDER OFFER
WITH CASH
ON HAND & $170 MILLION OF BORROWINGS UNDER ITS DELAYED DRAW TERM
LOAN FACILITY

Source text for Eikon:  ID:nGNX4mjFg8 
Further company coverage:  AVTA.O 

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