Griffin announces five-day extension of tender offer for outstanding shares of Tufco Technologies, Inc. (NASDAQ:TFCO). Griffin Holdings announced that it has extended by five business days the expiration date of the tender offer by its indirect wholly-owned subsidiary, Packers Acquisition Sub, to purchase all of the outstanding common shares of Tufco Technologies, Inc. (NASDAQ:TFCO) until 12:00 midnight, New York City time, at the end of the day on February 13, 2014, unless further extended. The Offer was previously scheduled to expire at 12:00 midnight, New York City time, at the end of the day on February 6, 2014. All of the other terms and conditions of the tender offer remain unchanged.
American Airlines Group Inc (NASDAQ:AAL) issues notice to holders of American Airlines Group Series A Convertible Preferred Stock regarding second mandatory conversion date. American Airlines Group Inc (NASDAQ:AAL) provided the following notice to holders of its Series A Convertible Preferred Stock pursuant to Section 5.1 of the Certificate of Designations governing the terms of the Convertible Preferred Stock.
41,963,700 shares of Convertible Preferred Stock will be converted into shares of Common Stock as of the close of business on February 7, 2014. By operation of the mandatory conversion mechanism contained in the Certificate of Designations, each holder will have approximately 39.73 percent of its shares of Convertible Preferred Stock mandatorily converted. American Airlines Group Inc (NASDAQ:AAL) shares are currently trading at $35.64.