Total Logistics (NASDAQ:TLCX)
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Total Logistics Announces Expiration of Hart-Scott-Rodino Waiting
Period
MILWAUKEE, Jan. 26 /PRNewswire-FirstCall/ -- Total Logistics, Inc.
(NASDAQ:TLCX) announced today that, at 11:59 EST on January 25, 2005, the
waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976,
as amended (HSR Act), expired with respect to SUPERVALU INC.'s previously
announced tender offer to purchase all of the outstanding shares of common
stock of Total Logistics, Inc., for $28.50 per share. All necessary waiting
periods under the HSR Act have now expired. The tender offer continues to be
subject to other conditions set forth in the tender offer statement and related
offering materials. The tender offer will expire at 12:00 midnight EST,
February 4, 2005, unless extended.
This press release does not constitute a solicitation or recommendation with
respect to the tender offer or a solicitation of a proxy, consent or
authorization for or with respect to a meeting of the shareholders of Total
Logistics, Inc. or any action in lieu of a meeting. Any solicitation or
recommendations will be made only pursuant to separate materials in compliance
with the requirements of applicable federal and state securities laws.
Total Logistics, Inc. is a Milwaukee-based public company operating through two
wholly-owned businesses, Total Logistic Control and Zero Zone. Total Logistics,
Inc. is headquartered at 700 North Water Street, Suite 1200, Milwaukee, WI
53202. This and other Total Logistics, Inc. news releases and additional
corporate data can be found at http://www.totallogisticsinc.com/ .
DATASOURCE: Total Logistics, Inc.
CONTACT: William T. Donovan, President and CEO of Total Logistics, Inc.,
+1-414-291-9000
Web site: http://www.totallogisticsinc.com/