Global Sources Announces Preliminary Results Of Tender Offer

Posted by Joachim Bartels | Jan 1, 2011 | Global Sources, Hong Kong, Online Media - Buyer - Seller Platforms, Sourcing | 0 |

Hong Kong, 30^th July: Global Sources announced the preliminary results of its tender offer last week. The company offered to purchase up 11,121,000 shares of its outstanding common stock at US$9.00 per share. The offer was open from 30^th June until 28^th July and the company stated that 38.5 million shares were tendered, but that figure is subject to revision. This means that the offer was more than three times over-subscribed and the tendered shares will be repurchased on a pro-ration basis. Source: BIIA Founder Member Business Strategies Group Hong Kong

BIIA Newsletter Sept. I – 2010 Issue

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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