Excuse me, I was wondering if you could clarify something for me. I'm trying to understand the timeline of events surrounding the kenvue exchange offer. Specifically, when did the offer expire? Was there a set deadline or was it a rolling expiration? I'm just trying to get a better grasp on the timeline and make sure I haven't missed any important information. Thank you in advance for your help.
7 answers
CharmedVoyager
Fri Aug 30 2024
The deadline for the exchange offer has been reached, marking the end of a significant event in the financial landscape.
Eleonora
Fri Aug 30 2024
For every share of Johnson & Johnson stock accepted, 8.0324 shares of Kenvue common stock were to be exchanged.
CherryBlossomDance
Fri Aug 30 2024
This ratio was designed to ensure fairness and balance in the exchange process, reflecting the relative values of the two companies.
SolitudeNebula
Fri Aug 30 2024
At precisely 12:00 midnight, New York City time, on August 18th, 2023, the offer expired, signaling a conclusion to the exchange process.
Stefano
Fri Aug 30 2024
The terms of the offer stipulated a clear and concise ratio for the exchange of shares.