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Business & Technology Editors
ELMSFORD, N.Y.--(BUSINESS WIRE)--Sept. 11, 2001
Fuji Photo Film U.S.A., Inc. today announced that it has commenced, through a wholly owned subsidiary, a tender offer for all outstanding shares of common stock (and associated rights) of PrimeSource Corporation (NASDAQ:NM:PSRC) at $10.00 per share net to the seller in cash.
The board of directors of PrimeSource has unanimously approved the offer and recommended that PrimeSource shareholders tender their shares pursuant to the offer.
The offer and withdrawal rights will expire at 12:00 midnight, Eastern Daylight Time, on Tuesday, October 9, 2001, unless the offer is extended.