Centerbridge Partners L.P. and P.F. Chang's China Bistro Inc (PFCB) Friday jointly announced that Wok Acquisition Corp has extended the expiration of its tender offer to acquire all of the outstanding shares of P.F. Chang's common stock for $51.50 net per share in cash, without interest and less any required withholding taxes, to 5:00 p.m., New York City time, today, Friday, June 29, 2012, unless further extended.
It may be mentioned that the tender offer was previously scheduled to expire at 12:00 midnight, New York City time, at the end of Thursday, June 28, 2012.
The two companies further added that all other terms and conditions of the tender offer remain unchanged, including, without limitation, the tender of at least 83% of the outstanding shares of P.F. Chang's.
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