Olshan Represents GAMCO Investors in Debt Tender Offer
Olshan client GAMCO Investors, Inc. (NYSE: GBL) announced completion of a tender offer to purchase its 0% Subordinated Debentures due 2015 at a purchase price determined under a “Modified Dutch Auction” procedure. The tender offer, upsized from a principal amount of $50 million to the entire principal amount outstanding, resulted in the purchase of $64.1 million of Debentures, or approximately 75% of the principal amount outstanding. The Olshan team included: Steve Wolosky and Kenneth Mantel.
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