Theragenics Announces Final Results of Dutch Auction Tender Offer; 4.76M Shares at $2.10

Theragenics Corporation® TGX, today announced the final results of its modified “Dutch Auction” tender offer to purchase up to $10 million of its common stock, which expired at 5:00 p.m., New York time, on July 11, 2012. In accordance with the terms and conditions of the offer, Theragenics has accepted for purchase 4,761,904 shares of its common stock at a purchase price of $2.10 per share, for a total cost of approximately $10 million, excluding fees and expenses related to the tender offer. The 4,761,904 shares accepted for purchase in the tender offer represent approximately 13.7% of Theragenics' currently outstanding common stock. Based on the final count by the depositary, a total of 7,077,229 shares of Theragenics' common stock were tendered properly and not withdrawn properly at or below the final purchase price of $2.10 per share. After giving effect to the priority purchase of all shares validly tendered by “odd lot” holders, the depositary has informed Theragenics that stockholders who tendered properly and did not withdraw properly shares of common stock in the offer at or below $2.10 per share will have approximately 67% of their tendered shares purchased by Theragenics.
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