Vestis Retail Group, LLC (“Vestis”) today announced the successful
completion of the cash tender offer (the “Offer”) by it and its wholly
owned subsidiary, Everest Merger Sub, Inc. (“Merger Sub”), for all
outstanding Class A and Class B shares (the “Shares”) of Sport Chalet,
Inc. (NASDAQ: SPCHA)(NASDAQ: SPCHB) at a price of $1.20 per Share, net
to the seller in cash (less any required withholding taxes and without
interest). Computershare Trust Company, N.A., the depositary for the
Offer, has advised Vestis that, as of 12:00 midnight, New York City
time, at the end of August 15, 2014 (the “Expiration Date”),
approximately 4,178,979 Class A shares and 1,455,923 Class B shares had
been validly tendered and not withdrawn in the Offer.
CIBT Education Group Inc. (TSX:MBA, OTCQX International: MBAIF) (“ CIBT
Group ”) reports that it is cancelling 1,900,000 common shares which
have been repurchased pursuant to a normal course issuer bid.
Monomoy Capital Partners II, L.P. (“Monomoy”) today announced that its
affiliate Venom Electronics Merger Sub, Inc. (“Purchaser”) has commenced
the previously announced cash tender offer for all outstanding shares of
common stock of Cobra Electronics Corporation (“Cobra”) (NASDAQ: COBR)
at a price of $4.30 net per share, without interest and less applicable
withholding taxes thereon.
Propel Capital Corporation announces sale of all of its issued and outstanding shares to Fiera Capital Corporation Canada NewsWire
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