The company has extended its offer for all outstanding 9%convertible redeemable subordinated debentures and 10% securednotes due 2004 of Excel Legacy and also its tender offer for alloutstanding shares of Price Enterprises' common stock.

The exchange offer, consent solicitation and tender offer, whichwere scheduled to expire at 5 p.m. today, have been extended until5 p.m. on Sept.18, unless further extended. All other terms remainunchanged.

Legacy and Price Enterprises have received stockholder approvalfor the merger and $100 million investment by Warburg Pincus in thecombined company, Price Legacy Corp.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.