Silgan announces results of tender offer
Silgan Holdings, a supplier of rigid packaging for shelf-stable food and other consumer goods products, has announced the final results of its ‘modified Dutch auction’ tender offer.
Silgan has accepted for purchase 2,766,354 shares of its common stock at a price of $58.50 per share, for a total purchase price of approximately $161.8 million. Payment for the shares accepted for purchase, and return of all other shares tendered and not accepted for purchase, will be made promptly by Computershare Trust Company, N.A., the depositary for the tender offer.
Citigroup served as the dealer manager for the tender offer. Computershare Trust Company, N.A. served as the depositary for the tender offer. Georgeson Inc. served as the information agent for the tender offer.