American Dental Partners Stockholders Approve Merger Agreement
08 2월 2012 - 5:12AM
American Dental Partners, Inc. (Nasdaq:ADPI) announced that at a
special meeting of stockholders held earlier today stockholders
voted to adopt the previously announced merger agreement with JLL
Crown Holdings, LLC, a Delaware limited liability company, and JLL
Crown Merger Sub, Inc., a Delaware corporation, affiliates of JLL
Partners, Inc. Under the terms of the merger agreement, upon
consummation of the merger, holders of outstanding shares of common
stock of American Dental Partners will receive $19.00 per share in
cash.
At the meeting, the merger was approved by holders of 12,496,939
shares of the Company's outstanding common stock, and 3,702 shares
voted against the merger.
About American Dental Partners
American Dental Partners is headquartered in Wakefield,
Massachusetts and is one of the nation's leading business partners
to dental group practices. The Company is affiliated with 27 dental
group practices, which have 282 dental facilities with
approximately 2,404 operatories located in 21 states. More
information can be found on American Dental Partners' website,
which includes expanded investor information and resources.
Forward-Looking Statements. This press release contains
forward-looking statements. Such forward-looking statements reflect
the Company's current expectations or beliefs concerning future
events and actual results may differ materially from current
expectations. Any such forward-looking statements are subject to
various risks and uncertainties including but not limited to risks
associated with the parties' ability to consummate the proposed
acquisition of the Company on the contemplated timeline. Investors
should not place undue reliance on forward-looking statements as
predictions of future results. The Company does not undertake to
publicly update or revise its forward-looking statements, whether
as a result of new information, future events or otherwise.
CONTACT: American Dental Partners, Inc.
401 Edgewater Place, Suite 430
Wakefield, MA 01880
Phone: 781/224-0880
Fax: 781/224-4216
Gregory A. Serrao
Chairman, President and
Chief Executive Officer
781-224-0880
Breht T. Feigh
Executive Vice President, Chief
Financial Officer and Treasurer
781-224-0880
American Dental Partners (NASDAQ:ADPI)
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