NEWARK, NY – Creation Technologies’ cash tender offer deadline to purchase IEC Electronics has been extended to Oct. 4, the electronics manufacturing services companies jointly announced.
The tender offer was previously pushed back to Sept. 30.
As of the end of day on Sept. 30, 7.5 million shares of common stock of IEC, representing approximately 70.1% of the issued and outstanding IEC shares, were tendered pursuant to the tender offer.
Stockholders who have already tendered their shares of common stock of IEC do not have to re-tender their shares or take any other actions as a result of the extension of the expiration of the tender offer.
Creation expects the tender offer will be consummated promptly following the expiration of the offering period.