Liberate Reiterates Offer to Buy USA Truck
30 9월 2006 - 7:17AM
PR Newswire (US)
Cash Offer of $21 Per Share PALO ALTO, Calif., Sept. 29
/PRNewswire-FirstCall/ -- Liberate Technologies (NASDAQ:LBRT) today
released the following statement in response to the press release
issued by USA Truck, Inc. (NASDAQ:USAK) relating to the offer to
acquire USA Truck made by Liberate. "Liberate has made a serious
written offer to acquire all of the outstanding shares of the stock
of USA Truck at a price of $21 per share, all cash, subject to the
terms and conditions set forth in the letter that we provided to
USA Truck. The letter provided to USA Truck was attached to the
press release that Liberate released yesterday. We stand ready to
engage immediately in negotiations and due diligence with a view to
pursuing a transaction that we strongly believe would be in the
best interests of all USA Truck shareholders. We look forward to
receiving USA Truck's response to our written offer to purchase the
company by October 5, 2006." Contact: Phil Vachon President
Liberate Technologies (650) 330-8960 Greg Wood CFO Liberate
Technologies (650) 330-8960 DATASOURCE: Liberate Technologies
CONTACT: Phil Vachon, President, +1-650-330-8960, or , or Greg
Wood, CFO, +1-650-330-8960, or both of Liberate Technologies Web
site: http://www.liberate.com/
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