inVentiv Health, Inc. Announces Stockholder Approval of Merger Agreement With Affiliates of Thomas H. Lee Partners
22 7월 2010 - 5:07AM
inVentiv Health, Inc. (Nasdaq:VTIV) ("inVentiv"), a leading
provider of end-to-end clinical development, launch and
commercialization services to the global pharmaceutical and
healthcare industries, today announced that its stockholders
approved the proposal to adopt the previously announced agreement
and plan of merger, dated May 6, 2010, providing for the
acquisition of inVentiv Health, Inc. by inVentiv Group Holdings,
Inc. (formerly Papillon Holdings, Inc.), an entity created by
certain affiliates of Thomas H. Lee Partners, L.P. (THL).
The affirmative vote of the holders of a majority of the
outstanding shares of common stock of inVentiv was required to
approve the proposal to adopt the merger agreement. According
to the final tally of shares voted, approximately 74% of the
outstanding shares of inVentiv common stock as of the close of
business on June 15, 2010 (the record date) were voted to approve
the proposal to adopt the merger agreement. Of the shares that were
voted at the meeting, approximately 99% were voted to approve the
proposal to adopt the merger agreement.
All approvals or consents required to consummate the merger
under U.S. antitrust laws have been obtained or made, and
accordingly, the related condition to the consummation of the
merger set forth in the merger agreement has been fully satisfied.
The consummation of the merger remains subject to the satisfaction
or waiver of certain additional closing conditions set forth in the
merger agreement and discussed in detail in the Definitive Proxy
Statement on Schedule 14A filed with the Securities and Exchange
Commission by inVentiv on June 17, 2010. It is anticipated
that the transaction will close in early August.
Akerman Senterfitt LLP is acting as legal advisor to
inVentiv. Goldman Sachs acted as financial advisor and
Richards, Layton & Finger, P.A. is acting as legal advisor to
the special committee of inVentiv's board of directors. Ropes
& Gray LLP is acting as legal advisor to THL.
About inVentiv Health
inVentiv Health, Inc. (Nasdaq:VTIV) is a leading provider of
value-added, outsourced services to the pharmaceutical, life
sciences and healthcare industries. inVentiv provides a broad range
of clinical development, communications, and commercialization
services that are critical to its clients' ability to successfully
develop, launch and commercialize pharmaceutical products and
medical devices. inVentiv serves its clients across all phases of
the product lifecycle by providing a full suite of outsourced
services in each of its operational areas on a flexible and
cost-effective basis. inVentiv delivers services to more than 350
leading pharmaceutical, biotech, life sciences and healthcare payer
companies, including all top 20 global pharmaceutical
manufacturers. For more information, visit
www.inventivhealth.com.
The inVentiv Health, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4942
Forward-looking Statements
This press release contains "forward-looking statements" within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking
statements give inVentiv's current expectations or forecasts
of future events. Such statements are subject to risks and
uncertainties that are often difficult to predict and beyond
inVentiv's control, and could cause inVentiv's results to differ
materially from those described. These uncertainties and other
factors include, but are not limited to risks associated with the
transaction, including the occurrence of any event, change
or other circumstances that could give rise to the termination
of the merger agreement or the inability to complete the
transaction due to the failure to satisfy conditions to completion
of the transaction. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date they are made. inVentiv undertakes no obligation
to publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise, except
as required by law or in conjunction with the rules of the Nasdaq
Global Select Market. Accordingly, any forward-looking
statement should be read in conjunction with the additional
information about risks and uncertainties as discussed in
inVentiv's filings the Securities and Exchange Commission.
CONTACT: inVentiv Health, Inc.
Investors/Corporate:
David Bassin, CFO
(732) 537-4804
investor@inventivhealth.com
Media:
Marcia Frederick
(614) 543-6281
mfrederick@inventivhealth.com
Ventiv Health (NASDAQ:VTIV)
과거 데이터 주식 차트
부터 2월(2) 2025 으로 3월(3) 2025
Ventiv Health (NASDAQ:VTIV)
과거 데이터 주식 차트
부터 3월(3) 2024 으로 3월(3) 2025