EGI Acquisition Extends Tender Offer for Rewards Network to December 13, 2010
December 06 2010 - 12:30PM
Business Wire
Equity Group Investments, L.L.C. (“EGI”), a private investment
firm, announced today that EGI Acquisition, L.L.C. (“EGI
Acquisition”) has extended the expiration date of its tender offer
to acquire all of the shares of Rewards Network Inc. (“Rewards
Network”) (NASDAQ: DINE) common stock not owned by EGI Acquisition
to 12:00 midnight, New York City time, on Monday, December 13,
2010, unless further extended. The tender offer had been scheduled
to expire at 12:00 midnight, New York City time, on Tuesday,
December 7, 2010. All other terms and conditions of the tender
offer remain unchanged.
As of the close of business on December 3, 2010, a total of
3,694,647 shares of Rewards Network common stock had been tendered
into the tender offer.
About EGI
Equity Group Investments L.L.C. is a 40-year-old, Chicago-based
private investment firm, which has equity investments across the
globe in real estate, energy, logistics, transportation, media, and
health care. EGI’s current holdings also include fixed-income
investments in public and private companies.
Additional Information
This press release relates to the offer (the “Offer”) by EGI
Acquisition, L.L.C. (“EGI Acquisition”) to acquire each issued and
outstanding share of common stock of Rewards Network Inc. (“Rewards
Network”) for $13.75 in cash. This press release is for
informational purposes only and does not constitute an offer to
purchase or a solicitation of an offer to sell Rewards Network
common stock, nor is it a substitute for the combined Tender Offer
Statement and Rule 13E-3 Transaction Statement under cover of
Schedule TO (including the Offer to Purchase, Letter of Transmittal
and related documents and as amended from time to time, the “Tender
Offer Documents”) previously filed by EGI Acquisition with the
Securities and Exchange Commission (the “SEC”). The Offer is made
only through the Tender Offer Documents. Stockholders of Rewards
Network are urged to read these materials carefully because they
contain important information about Rewards Network and the tender
offer and merger.
Investors and security holders may obtain free copies of any
documents filed by EGI Acquisition with the SEC through the website
maintained by the SEC at www.sec.gov. Free copies of any such
documents can also be obtained by calling Innisfree M&A
Incorporated toll-free at (877) 456-5834.
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