Posted On: 06/09/2016 11:03:37 AM
Post# of 75084
Hmmm- what's happening on the other side and what we are indirectly after; - solid moves like this on a smaller scale - for time being anyways 
Monster Beverage announces results of tender offer
Monster Beverage Corporation (NASDAQ:MNST) announces preliminary results of its “modified Dutch auction” tender offer, which expired yesterday.
A total of approximately 13.6M shares of Monster’s common stock were validly tendered and not validly withdrawn at or below a purchase price of $156.00 per share.
Additionally, approximately 6.5M shares were tendered through notice of guaranteed delivery at or below such purchase price.
Rodney Sacks and Hilton Schlosberg, who are officers and members of the Board of Directors of Monster, have tendered 1,850,901 and 1,064,190 shares, respectively.
Monster expects to accept for payment an aggregate of approximately 12.8M shares of its common stock at a purchase price of $156.00 per share, for an aggregate cost of $2.0B.
MNST is +0.883% to $156.55.
Monster Beverage announces results of tender offer
Monster Beverage Corporation (NASDAQ:MNST) announces preliminary results of its “modified Dutch auction” tender offer, which expired yesterday.
A total of approximately 13.6M shares of Monster’s common stock were validly tendered and not validly withdrawn at or below a purchase price of $156.00 per share.
Additionally, approximately 6.5M shares were tendered through notice of guaranteed delivery at or below such purchase price.
Rodney Sacks and Hilton Schlosberg, who are officers and members of the Board of Directors of Monster, have tendered 1,850,901 and 1,064,190 shares, respectively.
Monster expects to accept for payment an aggregate of approximately 12.8M shares of its common stock at a purchase price of $156.00 per share, for an aggregate cost of $2.0B.
MNST is +0.883% to $156.55.
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