Swmbrd Sports (CSE:SWIM)
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Anthony & Sylvan Pools Corporation Announces Results of Special
Shareholder Meeting
MAYFIELD VILLAGE, Ohio, Dec. 6 /PRNewswire-FirstCall/ -- Anthony & Sylvan
Pools Corporation (Pink Sheets: SWIM) announced today that holders of a
majority of its shares approved a previously announced management buyout
proposal whereby shareholders would receive $5.50 per share in cash for their
Anthony & Sylvan common shares in a merger transaction.
Anthony & Sylvan operates in the leisure industry, offering in-ground, concrete
residential swimming pools, spas and related products to its customers. The
Company serves its customers through a network of 37 sales design centers in 22
geographic markets in 16 states. It also sells pool- related consumables,
replacement parts, equipment and supplies through retail service centers.
This press release may contain statements that are forward-looking. The
Company assumes no obligation to update or revise any such statements, whether
as a result of new information or otherwise. All forward-looking statements
are based on current expectations regarding important risk factors, including
but not limited to: the seasonal nature of our business; dependence on existing
management; consumer spending; market conditions; interest rates; and weather.
Accordingly, actual results may differ from those expressed in the
forward-looking statements, and the making of such statements should not be
regarded as a representation by the Company or any other person that results
expressed therein will be achieved.
DATASOURCE: Anthony & Sylvan Pools Corporation
CONTACT: William J. Evanson, Executive Vice President & Chief Financial
Officer of Anthony & Sylvan Pools Corporation, +1-440-720-3301
Web site: http://www.anthonysylvan.com/