Â鶹app Announces Final Results of Tender Offer
ENGLEWOOD, Colo., June 18 /PRNewswire-FirstCall/ -- Â鶹app Media Corporation (Nasdaq: LINTA) ("Â鶹app") announced today the final results of its modified dutch auction self-tender offer to purchase up to 19,417,476 shares of its Â鶹app Interactive Series A common stock, which expired on June 12, 2007. Based on the final tabulation by the depositary for the tender offer the purchase price for the tender offer is $24.95 per LINTA share.
Based on the final tabulation by the depositary for the tender offer, 27,543,660 LINTA shares were properly tendered and not withdrawn at or below a purchase price of $24.95 per LINTA share. The depositary has advised Â鶹app that the final proration factor was approximately 70.3952% for the tender offer. Any "odd lot" shares of Â鶹app Interactive Series A common stock properly tendered and not withdrawn will not be subject to proration.
The depositary will promptly issue payment for the LINTA shares validly tendered and accepted for purchase and will return all other LINTA shares tendered and not accepted for purchase due to the proration or conditional tender provisions of the tender offer.
The information agent for the tender offer is D. F. King & Co., Inc. The depositary is Computershare Shareholder Services, Inc. For questions and information please contact the information agent toll free at (888) 628-1041.
About Â鶹app
Â鶹app owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to two tracking stock groups: the Â鶹app Interactive group, which includes Â鶹app's interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the Â鶹app Capital group, which includes Â鶹app's interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see .
SOURCE Â鶹app
Released June 18, 2007