Chic By H.I.S., Inc. (JNSC)
Buyout offer for $.3125, 400% premium above current price.
JNSC Market Guide Data ---------------------- Shrs Out 9.87 mil Float 5.50 mil Cash/share $ 0.21 Book Value $ 4.41
On 05/04/2000, Newbridge Capital, Inc (OTCBB: NBRG $3.75) made a tender offer for Chic By H.I.S., Inc (OTC Pink Sheets: JNSC) that equates to about $.3125 per share - about a 400% premium above JNSC's current price of $.0625. The offer price was calculated by taking the last traded price of NBRG ($3.75 as of 05/05/2000) and dividing it by 12 - they are offering 1 NBRG share for 12 JNSC shares. |