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Stock Market & Financial Investment News

News Breaks
August 8, 2012
05:11 EDTLNAGF, LNCRLinde completes tender offer for Lincare
The Linde Group (LNAGF) announced that its previously announced tender offer to purchase all the issued and outstanding shares of common stock of Lincare Holdings (LNCR) at $41.50 per share in cash expired, as scheduled, and was not extended. Linde intends to complete the acquisition of Lincare through a short-form merger without a vote or meeting of Lincare's shareholders. Each of the remaining shares of Lincare common stock will be converted into the right to receive the same $41.50 per share in cash that was paid in the tender offer. Upon completion of the merger, Lincare will become a wholly owned indirect subsidiary of Linde. Lincare's common stock will no longer be listed on the Nasdaq Global Select Market.
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