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| HRSH > SEC Filings for HRSH > Form 8-K on 30-Jun-2009 | All Recent SEC Filings |
30-Jun-2009
Other Events, Financial Statements and Exhibits
As reported on a Form 8-K filed on June 12, 2009, and as described in a press release dated the same date, the special committee (the "Special Committee") of the board of directors of Hirsch International Corp. (the "Company") received a letter from Paul Gallagher, the Company's President, Chief Executive Officer and Chief Operating Officer on June 12, 2009 proposing to acquire through acquisition entities to be formed by him, all of the outstanding shares of the Company's Class A and Class B Common Stock, for $0.28 per share in cash, other than shares held by Mr. Gallagher and any investor that may invest in his acquisition entities. Mr. Gallagher's letter provided that his offer was subject to conditions contained in the letter, and that his offer would expire on June 25, 2009.
On June 24, 2009, the Special Committee requested that Mr. Gallagher extend the expiration date of his offer and Mr. Gallagher agreed to such request by extending the expiration date to June 30, 2009. On June 29, 2009 the Special Committee again requested that Mr. Gallagher extend the expiration of his offer to July 2, 2009 and Mr. Gallagher agreed to such a request. A copy of the Company's press release announcing the extension granted by Mr. Gallagher is attached hereto as Exhibit 99.1.
(d) Exhibits
99.1 Press Release of the Company, dated June 30, 2009.
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