JAKKS Pacific Inc. Announces Final Results Of Self-Tender Offer

JAKKS Pacific Inc. announced the final results of its self-tender offer, which expired on June 27, 2012. Based on the final count by the depositary for the self-tender offer, a total of 20,710,940 shares of common stock were validly tendered. The Company has accepted for payment approximately 17.3% of the shares tendered by each tendering stockholder, after giving effect to the purchase of all shares validly tendered by odd lot holders. As such, the Company has accepted for payment an aggregate of 4,000,000 shares at a purchase price of $20.00 per share, for a total purchase price of $80,000,000, excluding fees and expenses related to the self-tender offer. The 4,000,000 shares the Company has accepted for payment in the self-tender offer represent approximately 15.4% of the Company`s shares outstanding as of May 24, 2012. BofA Merrill Lynch served as dealer manager, Innisfree M&A Incorporated served as information agent and Computershare Trust Company, N.A. served as depositary for the self-tender offer.