Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Jakks Pacific Commences Offer Of 4 Mln Shares

RELATED NEWS
Trade JAKK now with 
5/25/2012 12:44 PM ET

Jakks Pacific Inc. (JAKK: Quote) Friday commenced an offer to its shareholders to purchase up to 4 million shares at a price of $20 per share.

The self-tender offer will expire on June 27, unless it is extended or withdrawn. The offer is not conditioned upon obtaining any minimum number of shares being tendered.

Click here to receive FREE breaking news email alerts for JAKKS Pacific and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
A rebound in consumer spending helped the German economy thwart recession in the first quarter of 2013, detailed data from the Federal Statistical Office revealed Friday. However, the continued fall in firms' fixed asset investment and extreme weather conditions stifled the recovery. Market research group GfK predicts further increase in consumer confidence in June. Gap Inc. Thursday after the markets closed that its first quarter profit rose 43% from last year, helped by higher sales and improved margins. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company eaffirmed its fiscal year 2013 earnings outlook, which is below analysts' current consensus estimate. After moving sharply lower at the start of trading on Thursday, stocks showed a substantial recovery attempt over the course of the trading day. The rebound came as upbeat housing data helped offset worries about the Federal Reserve. The major averages climbed well off their worst levels of the day but still ended the session in the red.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.