ENP Newswire -
Release date- 12082014 -
In addition, the Company expects to grant the initial purchasers for the offering an option to purchase up to an additional
The Company expects to use approximately
The Company expects the purchase price per share of its common stock repurchased in these transactions to equal the closing price per share of the Company's common stock on the date of the pricing of the offering. These repurchases could increase, or prevent a decrease in, the market price of the Company's common stock concurrently with the pricing of the notes, and could result in a higher effective conversion price for the notes.
The Company intends to use the remaining net proceeds from the offering for working capital, additional repurchases of its common stock, and other general corporate purposes, which may include the expansion of its current business through acquisitions of, or investments in, other businesses, products, product rights or technologies.
Morgan Stanley & Co. LLC is acting as sole book-running manager for the offering.
Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the offering and the timing and expected use of proceeds therefrom, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws.
Forward-looking statements can be identified by terminology such as 'intends,' 'expects,' 'may,' 'anticipates,' 'could,' or similar terms, variations of such terms or the negative of those terms.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section 'Risk Factors' in
As a result of such risks, uncertainties and factors, the Company's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein.
Tel: (617) 692.2601
Tel: (617) 532.8104
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