Industry News, Ink Manufacturers News

EFI Announces Commencement of Tender Offer to Purchase up to 4,500,000 Shares of Its Common Stock

The number of shares proposed to be purchased in the tender offer represents approximately 9 percent of EFI's currently outstanding shares

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced that it has commenced a modified “Dutch Auction” tender offer to purchase up to 4,500,000 shares of its common stock at a price not less than $11.25 per share or more than $12.75 per share. The number of shares proposed to be purchased in the tender offer represents approximately 9 percent of EFI’s currently outstanding shares. The last reported sales price per share of EFI’s common stock on the NASDAQ Global Select Market on...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters