COX RADIO INC 4
4 · COX RADIO INC · Filed Jun 2, 2009
Insider Transaction Report
Form 4
COX RADIO INC
10% Owner
Transactions
- Purchase
Class A Common Stock
2009-05-29$4.80/sh+7,443,527$35,728,930→ 0 total(indirect: See Note 1)
Footnotes (2)
- [F1]On May 29, 2009, CXR Acquisition, Inc. merged with Cox Radio, Inc., with Cox Radio as the surviving corporation in the merger. All Cox Radio outstanding Class A common stock, par value $0.33 per share (the Class A Stock), was cancelled in the merger, and shares other than those held by Cox Media Group or by Cox Radio in treasury were converted into the right to receive cash per share equal to $4.80, subject to the right of stockholders to exercise and perfect appraisal rights under Delaware law.
- [F2]The number of shares to be acquired is based on the 20,756,528 shares of Class A Stock reported as outstanding as of March 31, 2009 on the facing page of the Cox Radio Form 10-Q for the quarterly period ended March 31, 2009 less the 13,313,001 shares of Class A Stock previously reported as held by Cox Media Group as of May 26, 2009.