Business Services Industry
The Heico Companies, LLC Extends Offer Period to June 16, 2000
Business Wire, June 1, 2000
Business Editors and Building/Construction Writers
SAN RAMON, Calif.--(BUSINESS WIRE)--June 1, 2000
(Dollar amounts in thousands except share and per share amounts) -- Robertson-Ceco Corporation (NYSE:RHH) ("Robertson-Ceco") announced today The Heico Companies, LLC ("Heico") has extended the offer to purchase any and all of the outstanding shares of common stock of Robertson-Ceco, at a price of $11.50 per share, net to the seller in cash, without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase dated May 4, 2000 and the related Letter of Transmittal (the "Offer"). Pursuant to the terms and conditions set forth in the Offer to Purchase and in the accompanying Letter of Transmittal, the Offer was scheduled to expire at 5:00 p.m., New York City Time, on June 2, 2000. Heico has decided to extend the Offer so that it will expire at 5:00 p.m., New York City Time, on June 16, 2000.
As of 5:00 p.m. New York City Time on June 1, 2000, 2,240,338 shares of Robertson-Ceco common stock had been validly tendered and not withdrawn pursuant to the Offer.
Headquartered in San Ramon, California, Robertson-Ceco Corporation is a leading manufacturer of custom-engineered metal buildings for commercial and industrial uses.
The Heico Companies, LLC, a privately owned holding company headquartered in Chicago, owns and operates a diversified portfolio of over thirty companies. Activities include construction equipment and services, heavy machinery, materials handling, food processing, and other interests.
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