The exchange offers were made pursuant to (i) the offers to exchange, dated March 3, 2016, and supplemented and amended on March 9, 2016, March 21, 2016, April 1, 2016, April 8, 2016, April 15, 2016, and April 21, 2016, April 29, 2016, May 5, 2016, May 13, 2016 and May 20, 2016, and (ii) the related letter of transmittal, dated as of March 3, 2016 and supplemented and amended on March 21, 2016 and May 20, 2016.
This press release is neither an offer to purchase or exchange nor a solicitation of an offer to sell or exchange securities.
ACC Claims Holdings, LLC is a Delaware limited liability company formed on November 18, 2015. ACC Claims Holdings, LLC exists solely for the purpose of liquidating the claims and distributing the proceeds thereof to the holders of its limited liability company interests. ACC Claims Holdings, LLC does not conduct a trade or business or engage in any transactions other than transactions merely incidental to (i) liquidation of claims, whether by sale, transfer or other disposition by ACC Claims Holdings, LLC or the claims held thereby, or be merger, consolidation or other reorganization of ACC Claims Holdings, LLC, or otherwise, and (ii) its dissolution.
This press release includes forward-looking statements as defined under federal law. Although ACC Claims Holdings, LLC believes that its expectations are based upon reasonable assumptions, no assurance can be given that its goals will be achieved, including statements related to the exchange offers. Actual results may vary materially. ACC Claims Holdings, LLC undertakes no obligation to publicly update or revise any forward-looking statement.
ACC CLAIMS HOLDINGS, LLC
ACC Claims Managing Member, LLC, its Managing Member
Craig R. Chobor
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/acc-claims-holdings-llc-announces-the-acceptance-of-claims-tendered-pursuant-to-its-exchange-offers-with-respect-to-certain-claims-allowed-under-the-first-modified-fifth-amended-joint-chapter-11-plan-for-adelphia-communications-c-300276145.html
SOURCE ACC Claims Holdings, LLC