Securities Sought. All of the shares of common stock (including FFE restricted shares subject to vesting conditions [“FFE Restricted Shares”]) not already owned by Purchaser or its affiliates, $1.50 par value per share (the “Shares”), of Frozen Food Express Industries, Inc., a Texas corporation (“FFE”), that are issued and outstanding.
Securities Sought. Up to 6,982,308 of the outstanding Common Shares of the Fund PRICE OFFERED PER SHARE: 99.5% of the net asset value (“NAV”) of the Common Shares as of the close of ordinary trading on the NYSE on the date the offer expires plus any unpaid dividends accrued SCHEDULED EXPIRATION DATE: November 7, 2018 PURCHASER: Madison Covered Call & Equity Strategy Fund This Summary Term Sheet highlights certain information in this Offer to Purchase (as defined herein). To understand the Offer (as defined herein) fully and for a more complete description of the terms of the Offer, please read carefully the entire Offer to Purchase and the related Letter of Transmittal (together with the Offer to Purchase, the “Offer”) in their entirety because the information in this summary term sheet is not complete and additional important information is contained in the Offer. What and how many securities is Xxxxxxx Covered Call & Equity Strategy Fund (the “Fund”) offering to purchase? The Board of Trustees of the Fund (the “Board”) has authorized the Fund to conduct a cash tender offer to purchase up to 6,982,308 (the “Offer Amount”) of its outstanding common shares of beneficial interest (“Common Shares” or the “Shares”). If the number of Shares properly tendered and not withdrawn prior to the date and time the Offer expires is less than or equal to the Offer Amount, the Fund will, upon the terms and subject to the conditions of the Offer, purchase all Shares tendered. If more Shares than the Offer Amount are properly tendered and not withdrawn prior to the date the Offer expires, the Fund will purchase the Offer Amount on a pro rata basis. The Offer Amount will be reduced if the preceding merger of the Madison Strategic Sector Premium Fund (“MSP”) into the Fund, when evaluated in conjunction with the Offer, would not otherwise qualify as a tax-free reorganization. Shareholders cannot be assured that all of their tendered Shares will be repurchased. For more information see Section 1, “Terms of the Offer; Expiration Date.” How much, in what form, and when will the Fund pay me for my Shares? The Fund will pay cash for Shares purchased pursuant to the Offer. The purchase price will equal 99.5% of the NAV per Share, plus any unpaid dividends accrued, as of the close of ordinary trading on the New York Stock Exchange (“NYSE”) on the date the Offer expires (or if the Offer is extended, on the date to which the Offer is extended), upon the terms and subject to the conditions set forth in Of...
Securities Sought. All of the outstanding shares of common stock, par value $0.01 per share, of Arctic Cat. Offer Price Per Share: $18.50 payable net to the holder thereof in cash, without interest, subject to any withholding of taxes required by applicable law. Scheduled Expiration of the Offer: 5:00 P.M., New York City time (the "Expiration Time"), on March 3, 2017 (the "Expiration Date," unless the Offer is extended pursuant to and in accordance with the terms of the Merger Agreement, in which event "Expiration Date" will mean the latest time and date at which the Offer, as so extended, will expire). Purchaser: Aces Acquisition Corp., an indirect wholly owned subsidiary of Textron.
Securities Sought. All of the outstanding shares of common stock, $1.00 par value ("Shares"), of Family Benefit Life Insurance Company (the "Company").
Securities Sought. All of the outstanding shares of common stock, par value $.01 per share (collectively, the “Shares” and each, a “Share”), of LaCrosse Footwear, Inc., a Wisconsin corporation (“LaCrosse”). Price Offered Per Share: $20.00, net to the seller in cash, without interest and less any applicable withholding taxes (the “Offer Price”).
Securities Sought. All outstanding shares of the Company common stock, par value $1.00 per share (the “Company Common Stock”), including all of the issued and outstanding shares of Class A common stock, par value $1.00 per share, of the Company (the “Class A Shares”), all of the issued and outstanding shares of Class B common stock, par value $1.00 per share, of the Company (the “Class B Shares”), and all of the issued and outstanding shares of Class C common stock, par value $1.00 per share, of the Company (the “Class C Shares” and, together with the Class A Shares and the Class B Shares, the “Shares” and, each a “Share”).
