COEUR D'ALENE, Idaho, June 19 /PRNewswire-FirstCall/ -- NightHawk
Radiology Holdings, Inc. (Nasdaq: NHWK), the leading provider of radiology
solutions to radiology groups and hospitals throughout the United States,
today announced the final results of its modified Dutch auction tender offer,
which expired at 5:00 p.m. Eastern Time on Friday, June 13, 2008.
Based on the final count by the depositary for the tender offer, an
aggregate of 2,240,883 shares of common stock were properly tendered and not
withdrawn at a price of $8.05 per share. Accordingly, NightHawk has accepted
for purchase 2,240,883 shares of common stock at a price of $8.05 per share.
These shares represent approximately 7.3% of the shares outstanding as of June
18, 2008. With completion of the tender offer, NightHawk will have
approximately 28.5 million shares of common stock outstanding.
The depositary will promptly pay for the shares accepted for purchase.
This self-tender offer was made pursuant to an Offer to Purchase and
Letter of Transmittal, each dated May 14, 2008, originally filed with the
Securities and Exchange Commission on May 14, 2008 and amended on May 16,
2008.
The dealer manager for the tender offer was Morgan Stanley & Co.
Incorporated, the Information Agent for the tender offer was Innisfree M&A
Incorporated and the Depositary for the tender offer was Mellon Investor
Services LLC. All questions regarding the tender offer may be directed to the
Information Agent at (877) 456-3463.
About NightHawk
NightHawk Radiology (Nasdaq: NHWK), headquartered in Coeur d'Alene, Idaho,
is leading the transformation of the practice of radiology by providing
high-quality, cost-effective solutions to radiology groups and hospitals
throughout the United States. NightHawk provides the most complete suite of
solutions, including professional services, business services, and its
advanced, proprietary clinical workflow technology, all designed to increase
efficiencies and improve the quality of patient care and the lives of
physicians who provide it. NightHawk's team of U.S. board-certified,
state-licensed, and hospital-privileged physicians located in the United
States, Australia, and Switzerland, provides services 24 hours a day, seven
days a week, for more than 750 radiology group customers and the 26% of all
U.S. hospitals they serve. For more information, visit
http://www.nighthawkrad.net.
'NHWKF'
SOURCE NightHawk Radiology Holdings, Inc.
