MEXICO CITY, Feb. 28, 2013 /PRNewswire/ -- Ventura Capital Privado S.A. de C.V. ("Ventura"), on behalf of Trust Number 1387 (the "Purchaser"), today announced that the Purchaser has extended the expiration date of its tender offer to purchase (i) all of the outstanding Series A Common Stock, without par value (the "Shares") of Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom"), (ii) all of the outstanding Ordinary Participation Certificates ("CPOs") of Maxcom, and (iii) all of the outstanding American Depository Shares ("ADSs," and collectively with the Shares and CPOs, the "Securities") of Maxcom, in each case held by persons who are not Mexican residents, to 12:00 midnight, New York City time, on March 27, 2013, unless further extended in accordance with the terms of the tender offer.
The tender offer was previously scheduled to expire at 12:00 midnight, New York time, on March 20, 2013. Except for the extension of the expiration date, all other terms and conditions of the tender offer remain the same. The extension to March 27, 2013 was made to accommodate the timetable for the simultaneous exchange offer for Maxcom's 11% Senior Notes due 2014.
The depositary for the tender offer has advised the Purchaser that as of
New York City time, on
February 28, 2013, no Securities had been tendered or withdrawn pursuant to the tender offer. No tenders would be expected at this early stage of the tender offer process.
Additional Information and Where to Find It
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts