Superior Consultant (NASDAQ:SUPC)
Historical Stock Chart
From Jun 2019 to Jun 2024
ACS Announces Early Termination of HSR Waiting Period in
Connection With Superior Tender Offer
DALLAS, Jan. 6 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc.,
(NYSE:ACS), a premier provider of business process and information technology
outsourcing solutions, announced today that it has received notification from
the Federal Trade Commission (FTC) that the United States Department of Justice
and the FTC have granted early termination of the Hart- Scott-Rodino Antitrust
Improvements Act of 1976 waiting period in connection with its previously
announced tender offer to acquire all of the outstanding shares of common stock
of Superior Consultant Holdings Corporation (NASDAQ:SUPC).
As previously announced, ACS' tender offer for Superior is currently scheduled
to expire at 12:00 midnight, New York City time, on Monday, January 24, 2005.
The transaction is expected to close in the first quarter of 2005, subject to
customary closing conditions. This announcement is neither an offer to
purchase nor a solicitation of an offer to sell Superior shares. The tender
offer can only be made through an offer to purchase, letter of transmittal, and
related tender-offer materials. The tender-offer materials, certain other
offer materials, and the solicitation/recommendation statement have been sent
to all stockholders of Superior and also are available free of charge at the
SEC's website at http://www.sec.gov/ .
ACS, a Fortune 500 company with more than 43,000 people supporting client
operations in nearly 100 countries, provides business process and information
technology outsourcing solutions to world-class commercial and government
clients. The company's Class A common stock trades on the New York Stock
Exchange under the symbol "ACS". ACS makes technology work. Visit ACS on the
Internet at http://www.acs-inc.com/ .
The statements in this news release that do not directly relate to historical
facts constitute "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are subject to
numerous risks and uncertainties, many of which are outside the Company's
control. As such, no assurance can be given that the actual events and results
will not be materially different than the anticipated results described in the
forward-looking statements. Factors could cause actual results to differ
materially from such forward-looking statements. For a description of these
factors, see the Company's prior filings with the Securities and Exchange
Commission, including the most recent Form 10-K. ACS disclaims any intention
or obligation to revise any forward-looking statements, whether as a result of
new information, future event, or otherwise.
DATASOURCE: ACS, Inc.
CONTACT: investor relations, Warren Edwards, Executive Vice President-
Chief Financial Officer, +1-214-841-8082, or , or
media, Lesley Pool, Senior Vice President-Chief Marketing Officer,
+1-214-841-8028, or , both of Affiliated Computer
Services, Inc.
Web site: http://www.sec.gov/
Web site: http://www.acs-inc.com/