Business
Rothmans Inc. mails directors' circular to shareholders recommending acceptance of C$30 per share all cash offer
Trading: TSX: ROC TORONTO, Aug. 7 /CNW/ - Rothmans Inc. ("Rothmans" or the "Company") announced t...
About this update from Pantera Silver Corp.
[{"type":"text","content":"\n\n\n\nTrading: TSX: ROC\n\n\nTORONTO, Aug. 7 /CNW/ - Rothmans Inc. ("Rothmans" or the "Company")\nannounced today that Philip Morris International Inc. ("PMI") has mailed its\npreviously announced offer to all Rothmans shareholders to purchase all of the\noutstanding common shares of Rothmans for $C30.00 per share in cash (the\n"Offer"). The Offer and the take-over bid circular of PMI are accompanied by\nRothmans' directors' circular which confirms that the Rothmans Board of\nDirectors, acting upon the unanimous recommendation of its Special Committee,\nhas determined that the Offer is fair from a financial point of view to the\nshareholders of Rothmans and is in the best interests of the Company and that\nthe Rothmans Board of Directors is recommending that the shareholders accept\nthe Offer and tender their common shares to the Offer.\n\n\nThe Offer is open for acceptance at any time prior to midnight (Vancouver\ntime) at the end of September 11, 2008 unless withdrawn or extended. The Offer\nis subject to certain conditions, which are described in the take-over bid\ncircular of PMI and Rothmans' directors' circular.\n\n\nFull details of the Offer are contained in the take-over bid circular of\nPMI and related materials and Rothmans' directors' circular, copies of which\nare available on SEDAR at www.sedar.com and on the Rothmans website at\nwww.rothmansinc.ca.\n\n\nForward Looking Statements\n\n\nCertain statements contained in this release may constitute\n"forward-looking statements" and express views as to future events,\ncircumstances and trends relating to the business of RBH and Rothmans Inc.\nWords such as "plans", "intends", "outlook", "expects", "anticipates",\n"estimates", "believes", "should" and similar expressions may identify\nforward-looking statements. Forward-looking statements are based on\nmanagement's current expectations and assumptions and entail various risks and\nuncertainties. There is no assurance that any forward-looking statement will\nmaterialize. Actual results may differ materially from these expectations and\nforward-looking statements, if known and unknown risks or uncertainties affect\nRBH's business or Rothmans Inc., or if management's expectations or\nassumptions...