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Stock Market & Financial Investment News

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February 4, 2014
09:03 EDTVCIHarland Clarke completes tender offer for Valassis
As of the expiration of the tender offer, approximately 25,830,607 shares were validly tendered and not withdrawn in the tender offer, representing approximately 66.0% of Valassis’ outstanding shares, according to the depositary for the tender offer. The condition to the tender offer that a majority of Valassis’ outstanding shares on a fully-diluted basis be validly tendered and not withdrawn has been satisfied, as have all other offer conditions. As a result, Harland Clarke Holdings Corp. has accepted for payment and will promptly pay for all validly tendered shares. Harland Clarke Holdings Corp. expects to complete the acquisition of Valassis later today through a merger as contemplated by its previously announced merger agreement with Valassis.
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