Lexmark Reports Results of ReadSoft Tender Offer

Lexmark International, Inc. LXK today announced that approximately 98 percent of the shareholders of Sweden-based ReadSoft have accepted Lexmark's revised tender offer of Swedish Krona (SEK) 57.00 per share, as of Sept. 4.  o The total consideration to be paid to acquire ReadSoft is approximately $251 million, net of cash acquired, which will be funded entirely with Lexmark's non U.S.-based cash.^1 o Now holding more than 90 percent of the shares in ReadSoft, Lexmark plans to request a compulsory purchase of the outstanding minority shares of the Swedish company. o Settlement for the shares tendered prior to the Sept. 4 expiration date of Lexmark's tender offer is expected to begin around Sept. 11.
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