Polycom announces tender offer to repurchase up to $250M of common stock Polycom announced that it has commenced a modified “Dutch Auction” cash tender offer to purchase up to $250M in value of its common stock at a price range that is not greater than $11.50 nor less than $10.00 per share. The number of shares proposed to be purchased in the tender offer (at the minimum purchase price of $10.00 per share) represents approximately 14.7% of the company’s outstanding common stock as of September 9. The tender offer will expire at 5 p.m. New York City time, on October 30, unless extended.
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