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8-K - FORM 8-K - infoGROUP Inc. | d74243e8vk.htm |
EX-99.2 - EX-99.2 - infoGROUP Inc. | d74243exv99w2.htm |
Exhibit 99.1
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5711 South 86th Circle Omaha, NE 68127 Phone 402.596.4500 Fax 402.593.4574 www.infogroup.com |
FOR IMMEDIATE RELEASE
June 29, 2010
Contacts:
Lisa Olson
Senior Vice President Corporate Relations
Phone: (402) 593-4541
E-mail: lisa.olson@infogroup.com
Lisa Olson
Senior Vice President Corporate Relations
Phone: (402) 593-4541
E-mail: lisa.olson@infogroup.com
Matthew Sherman / Andrew Siegel
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
Alan Miller / Jennifer Shotwell / Larry Miller
Innisfree M&A Incorporated
(212) 750-5833
Innisfree M&A Incorporated
(212) 750-5833
Infogroup Stockholders Approve Merger with CCMP Capital
OMAHA, Neb.(BUSINESS WIRE)Infogroup (NASDAQ: IUSA) (Infogroup or the Company) today
announced that at todays Special Meeting, the Companys stockholders approved the merger with CCMP
Capital Advisors, LLC (CCMP) under which affiliates of CCMP will acquire Infogroup for $8.00 per
share in cash. The transaction will close promptly after the satisfaction of certain remaining
conditions, which is anticipated to occur on July 1, 2010.
Gary Morin, Chairman of the M&A Committee of Infogroups Board of Directors, said, The Infogroup
Board of Directors and management team have worked diligently to advance the best interests of all
of the Companys stockholders, and we are pleased that stockholders have supported our
recommendation. The Board is also grateful to the talented and committed employees of Infogroup,
who have worked so hard throughout this process.
About Infogroup
infoGROUP, Inc. (NASDAQ: IUSA) is the leading provider of data and interactive resources that
enables targeted sales, effective marketing and insightful research solutions. Our information
powers innovative tools and insight for businesses to efficiently reach current and future
customers through multiple channels, including the worlds most dominant and powerful Internet
search engines and GPS navigation systems. Infogroups headquarters are located at 5711 South 86th
Circle, Omaha, NE 68127. For more information, call (402) 593-4500 or visit www.Infogroup.com.
Additional Information
In connection with the Merger, infoGROUP has filed a definitive proxy statement and other relevant
documents concerning the transaction with the SEC. STOCKHOLDERS OF infoGROUP ARE URGED TO READ THE
PROXY STATEMENT AND ANY OTHER
RELEVANT DOCUMENTS FILED WITH THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors and
security holders can obtain free copies of the definitive proxy statement and other documents in
the SECs public reference room located at 100 F Street, N.E., Room 1580, Washington, D.C. 20549.
Please call the SEC at 1 800 SEC 0330 for further information on the public reference room. Copies
of the definitive proxy statement and other documents infoGROUP files with the SEC may also be
obtained by mail, upon payment of the SECs customary fees, by writing to the SECs principal
office at 100 F Street, NE, Washington D.C. 20549. Our SEC filings, including the definitive proxy
statement, are also available to the public, free of charge, at the SECs website at
http://www.sec.gov. You also may obtain free copies of the documents infoGROUP files with the SEC
by going to the Financial Information subsection of our Investors Relations section of our
website at http://ir.infogroup.com/sec.cfm. Our website address is provided as an inactive textual
reference only. Information regarding the identity of the persons who may, under SEC rules, be
deemed to be participants in the solicitation of stockholders of infoGROUP in connection with the
transaction, and their interests in the solicitation, is set forth in the definitive proxy
statement that was filed by infoGROUP with the SEC on May 28, 2010.
Forward-Looking Statements
This release includes forward-looking statements. Forward-looking statements include statements
containing words such as believes, estimates, anticipates, continues, contemplates,
expects, may, will, could, should or would or other similar words or phrases.
Statements also include statements pertaining to: the future of the operating environment in the
Companys industry, the implications of current financial performance on future results and the
ability of the Company to meet its future forecasts. These statements, which are based on
information currently available to us, are not guarantees of future performance and may involve
risks and uncertainties that could cause our actual growth, results of operations, performance and
business prospects, and opportunities to materially differ from those expressed in, or implied by,
these statements. These forward-looking statements speak only as of the date on which the
statements were made and we expressly disclaim any obligation to release publicly any updates or
revisions to any forward-looking statement included in this document or elsewhere. These statements
are subject to risks, uncertainties, and other factors, including, among others:
| the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; | ||
| the inability to complete the Merger due to the failure to obtain stockholder approval or the failure to satisfy other conditions to consummation of the Merger; | ||
| the failure of CCMP to obtain the necessary debt or equity financing; | ||
| the failure of the Merger to close for any other reason; | ||
| that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the Merger; | ||
| the effect of the announcement of the Merger on our customer relationships, operating results and business generally; | ||
| the ability to recognize the benefits of the Merger; | ||
| the amount of the costs, fees, expenses and charges related to the Merger; |
and other risks detailed in our current filings with the SEC, including our most recent filings on
Forms 10-Q and 10-K. Many of the factors that will determine our future results are beyond our
ability to control or predict. In light of the significant uncertainties inherent in the
forward-looking statements contained herein, readers should not place undue reliance on
forward-looking statements, which reflect managements views only as of the date hereof. We cannot
guarantee any future results, levels of activity, performance or achievements. The statements made
in this release represent our views as of the date hereof, and it should not be assumed that the
statements made herein remain accurate as of any future date. Moreover, we assume no obligation to
update forward-looking statements or update the reasons that actual results could differ materially
from those anticipated in forward-looking statements, except as required by law.