Sutter Affiliates Offer to Purchase Shares of Lancer Corp.
22 März 2004 - 8:28PM
PR Newswire (US)
Sutter Affiliates Offer to Purchase Shares of Lancer Corp. SAN
FRANCISCO, March 22 /PRNewswire/ -- Affiliates of Sutter Capital
Management, LLC today offered to acquire the outstanding common
shares of Lancer Corp. for $1.00 per Share. A copy of the offer may
be obtained from the purchasers by calling 415 788-1441 or emailing
info@suttercapital.com. Lancer Corp. shares are listed on the
American Stock Exchange under the symbol , although trading has
been halted in the shares since February 2 due to an ongoing
investigation of Lancer's accounting practices. This announcement
is neither an offer to buy nor a solicitation of an offer to sell
any securities. The Offer is being made solely by the Offer to
Purchase and related documents, which contain significant terms and
conditions, and is not being made to, nor will tenders be accepted
from or on behalf of, Shareholders residing in any jurisdiction in
which making or accepting the Offer would violate that
jurisdiction's laws. In those jurisdictions where the securities,
blue sky or other laws require the Offer to be made by a licensed
broker or dealer, the Offer shall be deemed to be made on behalf of
Purchaser only by one or more registered dealers licensed under the
laws of such jurisdiction. DATASOURCE: Sutter Capital Management,
LLC CONTACT: SCM Acquisition Fund, LLC, +1-415-788-1441, or fax,
+1-415-788-1515, or
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