Forever Odd-Lot Tender Offer Expires
December 26 2003 - 4:56PM
PR Newswire (US)
Forever Odd-Lot Tender Offer Expires ST. LOUIS, Dec. 26
/PRNewswire-FirstCall/ -- Forever Enterprises, Inc. (BULLETIN
BOARD: FVEN) today announced that its tender offer for the purchase
of all shares of its common stock held by persons owning 10 or
fewer shares has expired. As of 5:00 p.m., Central Standard Time,
on Friday, December 19, 2003, the scheduled expiration date of the
tender offer, the Company had accepted for purchase 540 shares of
common stock from 54 eligible tendering shareholders (exclusive of
those holding their shares in street name) and no shares of common
stock from eligible tendering shareholders holding their shares in
street name. The Company will pay $10 for each share purchased in
the tender offer. After giving effect to the purchases pursuant to
the tender offer, the Company will have fewer than 300 stockholders
of record, and intends to terminate the registration of its common
stock under the Securities Exchange Act of 1934 and become a
non-reporting company. Forever Enterprises, Inc., through its
wholly-owned subsidiaries, Forever Network, Inc., Memorial Service
Life Insurance Company and Lincoln Memorial Life Insurance Company,
owns and operates combination funeral home and cemetery properties,
markets and produces multimedia LifeStories(TM), operates an
Internet marketing site and operates life insurance companies that
principally issue insurance contracts to fund pre-need funeral
contracts. DATASOURCE: Forever Enterprises, Inc. CONTACT: Katherine
Scannell, General Counsel of Forever Enterprises, +1-314-719-2296
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