Alloy Inc. and Delia*s Corp. have extended the subsequent offering period for Alloy’s tender offer to purchase all the outstanding Class A common stock of Delia*s to September 17.
Approximately 89.64% of Delia*s outstanding stock had been tendered by the close of business on Wednesday.
Holders who validly tender during the subsequent offering period will receive the same offer price of $0.928 net per share, in cash, paid to holders who tendered during the original offering period.
Alloy is a media and direct marketing company targeting boys and girls between the ages of 10 and 24. Delia*s is a retailer and direct marketer of apparel and home furnishings to teenage girls and young women.
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