Fargo (NASDAQ:FRGO)
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From Jun 2019 to Jun 2024
Fargo Electronics, Inc. (NASDAQ:FRGO) announced that the
staff of the Federal Trade Commission has informed Fargo Electronics
Inc. that it will grant Fargo the early termination of the Hart Scott
Rodino Act waiting period, thus ending its review of the proposed
merger between Fargo and ASSA ABLOY's HID Global Corporation, which
was announced on May 23, 2006. The period was to expire at midnight on
June 26, 2006.
The merger is also subject to antitrust filing periods in certain
foreign countries, which periods are expected to expire prior to
Fargo's Shareholder Meeting to be held on August 3, 2006, unless
extended by the authorities in those countries.
Important Merger Information
In connection with the proposed merger, Fargo will file a
definitive proxy statement with the U.S. Securities and Exchange
Commission, or SEC. Investors are advised to read the definitive proxy
statement when it becomes available because it will contain important
information about the merger and Fargo. Investors may obtain a free
copy of the definitive proxy statement (when available) and other
documents filed by Fargo with the SEC at the SEC's web site at
http://www.sec.gov. Free copies of the definitive proxy statement,
once available, and Fargo's other filings with the SEC may also be
obtained from Fargo at www.fargo.com. Free copies of Fargo's filings
may be obtained by directing a written request to Fargo Electronics,
Inc., 6533 Flying Cloud Drive, Eden Prairie, Minnesota 55344,
Attention: Paul Stephenson.
Fargo and its directors, executive officers and other members of
its management may be deemed to be soliciting proxies from Fargo's
stockholders in favor of the merger. Investors and stockholders may
obtain more detailed information regarding the direct and indirect
interests of Fargo's executive officers and directors in the merger by
reading the preliminary and definitive proxy statements regarding the
merger, which will be filed with the SEC. These documents will be
available free of charge when available at the SEC's web site at
www.sec.gov or by directing a request to Fargo as described above.
About Fargo
Founded in 1974, Fargo Electronics is a global leader in the
development of secure technologies for identity card issuance systems,
including secure card printer/encoders, materials and software. The
company has sold more than 120,000 systems in the U.S. and over 80
other countries worldwide. Fargo card issuance systems reduce
vulnerabilities and potential for loss of time, money and lives by
continually improving the security of identity credentials. Fargo
provides physical, information, and transaction security for a wide
variety of applications and industries, including government,
corporate, national IDs, drivers' licenses, universities, schools and
membership. Based in Minneapolis, MN, Fargo markets its products
through a global distribution network of professional security
integrators. For more information about Fargo, visit www.fargo.com.