WAKEFIELD, Mass., Feb. 7, 2012 (GLOBE NEWSWIRE) -- 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
distribué par | Ce noodl a été diffusé par American Dental Partners Inc. et initialement mise en ligne sur le site http://www.amdpi.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-02-07 21:46:21 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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