Greenhill & Co. Inc. expects to acquire 1,062,101 common shares at $20.50 per share for a total of approximately $21.8 million in its modified Dutch auction tender offer.
This represents about 4% of Greenhill's total outstanding shares as of March 14.
The tender offer, in which the company had offered to purchase for cash up to $110.0 million of common shares at between $18.50 and $20.50 per share, had expired at 11:59 p.m. ET on March 14.
Greenhill & Co. LLC acted as dealer manager. American Stock Transfer & Trust Co. LLC was the depositary, and Georgeson LLC was information agent.
