On The Wire
Fifth Third Bancorp (FITB) announced that it has amended its filings with the SEC relating to its previously announced offer to exchange shares of its common stock and cash for any and all of its outstanding Depositary Shares each representing a 1/250th interest in a share of 8.50% Non-Cumulative Perpetual Convertible Preferred Stock, Series G. The co has increased the cash consideration being offered for each set of 250 validly tendered and accepted Depositary Shares from $7,500 to $8,250, such that the maximum cash consideration payable in the Offer to Exchange is increasing from $332,250,000 to $365,475,000… Analysts International (ANLY) announced that it has been awarded a 3-yr contract by the Alabama Criminal Justice Information Center to enhance its existing systems by implementing an enterprise-wide portal environment for state and local law enforcement.
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