Offer by Philip Morris International Inc. (PMI) for Rothmans Inc. successful; PMI extends offer

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[{"type":"text","content":"\n\n\n\nTrading: TSX: ROC\n\n\nTORONTO, Sept. 17 /CNW/ - Rothmans Inc. announced today that\napproximately 47,004,961 common shares representing approximately 67.8% of the\noutstanding common shares of Rothmans Inc. (on a fully-diluted basis) have\nbeen tendered to the offer made by PMI.\n\n\nPMI has taken up all of the common shares which were tendered and will\npay for such shares on September 19, 2008. Shareholders of Rothmans Inc. who\ntendered common shares to the offer will receive C$30.00 cash per share.\n\n\n"This is great for RBH and its employees. It allows us to maintain the\nagility and flexibility of a small dynamic company while giving us the\nresources of a large, successful, international company," said John Barnett,\nPresident and CEO of Rothmans Inc.\n\n\nIn order to allow for additional common shares of Rothmans Inc. to be\ntendered to the offer, PMI has extended the expiry time of the offer to 11:59\np.m. (Toronto time) on September 29, 2008. The notice of extension with\nrespect to the offer and the offer documents will be available on SEDAR at\nwww.sedar.com under the SEDAR profile of Rothmans Inc.\n\n\nForward Looking Statements\n\n\nCertain statements contained in this release constitute "forward-looking\nstatements" and express views as to future events, circumstances and trends\nrelating to the business of RBH and Rothmans Inc. Words such as "plans,"\n"intends," "outlook," "expects," "anticipates," "estimates," "believes,"\n"should" and similar expressions may identify forward-looking statements.\nForward-looking statements are based on management's current expectations and\nassumptions and entail various risks and uncertainties. There is no assurance\nthat any forward-looking statement will materialize. Actual results may differ\nmaterially from these expectations and forward-looking statements, if known\nand unknown risks or uncertainties affect RBH's business or Rothmans Inc., or\nif management's expectations or assumptions prove to be inaccurate. Factors\nthat could cause actual results to differ materially from the forward-looking\nstatements contained herein include, but are not limited to, the ability of\nPhilip Morris International Inc. to complete the contemplated transactions.\nRothmans Inc. dis...

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