Outlook Group Shareholders Approve Acquisition
19 Luglio 2006 - 7:35PM
Business Wire
Outlook Group Corp. (Nasdaq:OUTL) today announced that at a special
meeting held today, shareholders approved the acquisition of the
company by Vista Group Holdings, LLC for $13.50 per share. The
transaction, which is subject to Vista financing and other closing
conditions, is expected to be completed by the end of July 2006, or
earlier. "We are pleased that the merger has been approved by a
positive vote of over 68% of the outstanding shares, which
represents approximately 97% of the total votes cast," said Richard
C. Fischer, Chairman of Outlook Group. About Outlook Group Outlook
Group Corp. is a printing, packaging and direct marketing company
offering a variety of related services to clients in markets
including contract packaging, collateral information management and
distribution, direct marketing components and services, packaging
components and materials and specialty print related services. The
company leverages its core competencies by cross-selling services
to provide a single-source solution for its clients. The
discussions of potential future transactions and the effects of
those transactions in this press release are "forward-looking
statements" intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of
1995. Such forward-looking statements are subject to certain risks
and uncertainties which could cause actual results to differ
materially from those anticipated. In particular, consummation of
the proposed acquisition is subject to a number of conditions,
including Vista's financing and other customary conditions, as
further described in the proxy statement for the special meeting.
Therefore, as with any transaction, completion cannot be assured.
In addition, Outlook Group's periodic filings with the Securities
and Exchange Commission discuss a number of other factors which may
affect its future operations. Outlook Group shareholders and other
readers are urged to consider these factors carefully in evaluating
the forward-looking statements. The statements made herein are only
made as of the date of this press release and neither Outlook Group
nor Vista undertakes any obligation to publicly update such
statements to reflect subsequent events or circumstances.
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