12/2/2023 0 Comments Manpower stock quote![]() Manpower also announced today that the amount of Manpower stock to be issued in its acquisition of COMSYS pursuant to the previously announced exchange offer and merger of a wholly owned Manpower subsidiary into COMSYS was sufficient to satisfy the continuity of interest test under Section 368 of the Internal Revenue Code of 1986, as amended (the "Code"). COMSYS stockholders will receive cash for any fractional share otherwise issuable to them after aggregating all fractional shares that they would otherwise receive. 304 of a share of Manpower common stock per COMSYS share and COMSYS stockholders who elected cash consideration will receive, on a per COMSYS share basis, approximately $9.76 in cash without interest and approximately. ![]() As a result, COMSYS stockholders who elected stock consideration will receive. Of these shares, approximately 90% were tendered for cash consideration and approximately 10% were tendered for Manpower common stock consideration, and therefore the cash election was oversubscribed. whose shares were validly tendered and acquired for payment in Manpower's previously announced exchange offer for COMSYS stock that closed on April 2, 2010.Ī total of 19,241,382 COMSYS shares, representing approximately 87% of COMSYS's outstanding common stock on a fully diluted basis, were validly tendered and acquired in the exchange offer. (NYSE: MAN) announced today the final results of the elections of stockholders of COMSYS IT Partners, Inc. MILWAUKEE, Wis., April 9 /PRNewswire-FirstCall/ - Manpower Inc. ![]()
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