Shiseido Co. Ltd. announced the commencement of a tender offer through its wholly-owned subsidiary, Blush Acquisition Corp., for all outstanding shares of common stock of Bare Escentuals Inc. (BARE) for $18.20 per share, net to the seller in cash, without interest and less any required withholding taxes.
The tender offer is being made pursuant to an Offer to Purchase, dated January 25, 2010, and in connection with the Agreement and Plan of Merger, dated January 15. The tender offer is scheduled to expire on March 8.
For comments and feedback: editorial@rttnews.com