Interstate
National Dealer Services, Inc. announced that it
Interstate National Dealer Services, Inc. Announces Completion of Merger
by Staff
January 17, 20031 min to read
has completed the previously announced merger with CHL Holdings Corp.
In the merger, Interstate's public stockholders will receive $6.00 in
cash per share.
As previously announced, the merger was approved by stockholders
holding more than 56 percent of Interstate's outstanding shares. As a result
of the transaction, Interstate's securities have been delisted from
Nasdaq and the Company will no longer be required to file reports with
the Securities and Exchange Commission, effective immediately.
Interstate is a nationwide provider of service contracts
and extended warranties, primarily for new and used cars and
recreational vehicles, as well as watercraft, manufactured housing,
motorcycles and other power sport vehicles. For additional information
please visit www.inds.com or
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