Science & Technology
Fri, May 20, 2011Thu, May 19, 2011Wed, May 18, 2011Tue, May 17, 2011Mon, May 16, 2011Fri, May 13, 2011Thu, May 12, 2011Wed, May 11, 2011Tue, May 10, 2011Mon, May 9, 2011Sun, May 8, 2011Sat, May 7, 2011Fri, May 6, 2011Thu, May 5, 2011Wed, May 4, 2011Tue, May 3, 2011Mon, May 2, 2011Fri, April 29, 2011Thu, April 28, 2011World Wide Child Care Corp. Announces a Tender Offer at $3.00 Per Share
Published in Science and Technology on Wednesday, May 11th 2011 at 14:10 GMT by Market Wire
DELRAY BEACH, Fla.--([ BUSINESS WIRE ])--World Wide Childcare Corp. (Pink Sheets:WWCC) today announced that it is offering to purchase outstanding shares of common stock, par value $0.0001 per share of World Wide Child Care Corp., (other than shares owned by officers and directors of WWCC and their affiliates) at a price of $3.00 per share (aOffer Pricea), net to the seller pursuant to certain payments terms (aOffer to Purchasea). The Offer to Purchase shall continue until September 15, 2011 unless WWCC extends the period.
The complete terms and conditions of the tender offer are set forth in the Offer to Purchase and related Letter of Transmittal, along with any amendments and supplements thereto, which holders are urged to read carefully before making any decision with respect to the tender offer. Copies of the Offer to Purchase and the Letter of Transmittal may be obtained from the Shareholder link on Children of Americaa™s website ([ www.childrenofamerica.com ]).
This press release is neither an offer to purchase nor a solicitation of an offer to sell any securities. WWCC is making the tender offer by and pursuant to the terms of the Offer to Purchase and Letter of Transmittal. None of WWCC, the depositary or any of their respective affiliates, makes any recommendation as to whether holders should tender or refrain from tendering all or any portion of their shares in response to the tender offer.
About WWCC:
WWCC, through its ownership of Children of America, Inc.(aCOAa), operates 46 educational child care centers in 12 states. COA provides: (i) licensed childcare for children aged six weeks to five years and (ii) licensed after-school programs for children aged five to thirteen years old. Based upon current demographics and predicted demographic trends, COA believes that significant market opportunities for child-care and after-school programs exist in the United States. COA has identified specific areas for its development where (i) the requirements for child-care operations under state laws are more favorable, (ii) the child-care fees are above average and (iii) the key demographics of age, income, and family size are superior.
