Santander Holdings USA, Inc. Announces Extension of Tender Offer to Acquire Shares it Does not Own of Santander Consumer USA Holdings Inc. for $41.50 per Share
Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).
- Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).
- As a result of this extension, the Tender Offer is now scheduled to expire at 5:00 p.m., New York City Time, on December 9, 2021.
- The Transaction is subject to customary closing conditions, including regulatory approval by the Board of Governors of the Federal Reserve System.
- These include Santander Bank, N.A., Santander Consumer USA Holdings Inc. (NYSE: SC), Banco Santander International, Santander Securities LLC, Santander Investment Securities Inc., and several other subsidiaries.