Franklin Covey Co. Commences Dutch Auction Tender Offer
Franklin Covey Co. today announced that it has commenced its previously announced modified Dutch Auction tender offer for up to $28.0 million in value of shares of its common stock at a price within the range of $9 to $10.50 share, which may allow up to 3.1 million shares, or about 1/6 of the Company’s outstanding common stock, to be acquired through the tender offer.
What will this offer do to the value Franklin Covey’s stock ?
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Tuesday, August 5, 2008
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