Â鶹×îгöÆ· Announces Final Results of Tender Offer
ENGLEWOOD, Colo., June 18 /PRNewswire-FirstCall/ -- Â鶹×îгöÆ· Media Corporation (Nasdaq: LINTA) ("Â鶹×îгöÆ·") 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×îгöÆ· 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on the final tabulation by the depositary for the tender offer, 27,543,660 LINTA shares were properly tendered and not withdrawn at or below a purchase price of $24.95 per LINTA share.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×îгöÆ· that the final proration factor was approximately 70.3952% for the tender offer. Any "odd lot" shares of Â鶹×îгöÆ· Interactive Series A common stock properly tendered and not withdrawn will not be subject to proration.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×îгöÆ·
Â鶹×îгöÆ· 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×îгöÆ· Interactive group, which includes Â鶹×îгöÆ·'s interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the Â鶹×îгöÆ· Capital group, which includes Â鶹×îгöÆ·'s interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see .
SOURCE Â鶹×îгöÆ·
Released June 18, 2007