	dixons has pct of cyclops corp dixons group plc dxns l said its tender offer for all of the common shares in cyclops corp of the u s expired at midnight yesterday and that it had accepted approximately mln shares in the company at dlrs each this represents just over pct of the outstanding shares on a fully diluted basis but including shares already owned dixons now holds a total of pct of the fully diluted outstanding shares the company said it is now entitled to subscribe for all the authorised but unissued and unreserved shares of common stock of cyclops which total some mln shares at dlrs each dixons said it has waived its condition that pct of the fully diluted outstanding shares be validly tendered and not withdrawn dixons launched the agreed mln dlr offer on february this year in the wake of its unsuccessful battle to take over the u k retail store chain woolworth holdings plc wluk l dixons shares were last quoted at p up on last night s close of p on friday cy corp an investor group formed by audio video affiliates inc ava and citicorp cci said it would increase the price it was offering for all cyclops shares to dlrs from dlrs each if cyclops would provide it with confidential information given to dixons and if it were satisfied that any rights dixon might have to recover fees or expenses from dixons or to buy cyclops stock would be rescinded or proved invalid audio video s offer is scheduled to expire march reuter 
