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Stock impact report

Justin Christian, CEO of BCforward, and Vienna Parent Corporation Complete Tender Offer for Outstanding Shares of TSR, Inc. [Yahoo! Finance]

TSR, Inc. (TSRI) 
US:NASDAQ Investor Relations: tsrconsulting.com/investor-relations.php
Company Research Source: Yahoo! Finance
by Justin Christian, announced today that its wholly owned subsidiary, Vienna Acquisition Corporation (the "Purchaser"), has successfully completed its cash tender offer to purchase all of the outstanding shares of common stock of TSR, Inc. ("TSR") (NASDAQ: TSRI) at a price of $13.40 per share, net to the seller in cash, without interest but subject to any required withholding taxes. The tender offer expired at one minute past 11:59 p.m. (Eastern time) on June 27, 2024. As of the final expiration of the tender offer, 1,946,960 shares had been validly tendered and not validly withdrawn from the tender offer, representing approximately 89.7% of the aggregate voting power of TSR's outstanding shares of common stock. All such shares have been accepted for payment in accordance with the terms of the tender offer, and the Purchaser expects to promptly pay for such shares. As a result of its acceptance of the TSR shares tendered in the tender offer, the Purchaser has acquired a sufficien Show less Read more
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