The six class action lawsuits were filed after the Cincinnati-based company announced plans on Sept.
Moments later, an operator at the Cincinnati-based company said that everyone had left for the day.
The Cincinnati-based company also said in a separate announcement after its annual meeting that shareholders had approved a 2-for-1 stock split.
Gibson, a Cincinnati-based greeting-card company, lost $20.7 million as a result of the derivatives.
The Cincinnati-based company had sales of $33 billion in the fiscal year that ended June 30 and spent $8.3 billion on marketing.
The $1.4 billion offer comes from groups associated with the three principal shareholders in the Cincinnati-based company, which has diversified television and entertainment interests.
In the 1994 quarter, the Cincinnati-based company had net income of $44.3 million, or 35 cents a share.
It has also urged shareholders of the Cincinnati-based company to hold a special meeting to oust the board.
The Cincinnati-based company said that year-to-year comparisons of its results were not meaningful because of changes during the period.
The Cincinnati-based company has interests in footwear, eyeglasses, contact lenses and women's clothing.