Acxiom Provides Revised Preliminary Information on Self-Tender Offer.LITTLE ROCK, Ark. -- Acxiom(R) Corporation (Nasdaq: ACXM) today provided revised information with respect to its previously announced preliminary results of its modified "Dutch Auction Dutch Auction An auction where the price on an item is lowered until it gets its first bid, and then the item is sold at that price. Notes: The U.S. Treasury (and other countries) uses a Dutch auction when it sells securities. " self-tender offer Self-tender offer A company that tenders for its own shares. , which expired at 5:00 p.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT Tuesday, September 12, 2006. Acxiom had previously announced preliminary information provided by the depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. for the tender offer that the total number of shares validly tendered at or below a price of $27.00 per share was 24,911,233, including 8,537,481 shares that were tendered through notice of guaranteed delivery. Revised preliminary information provided by the depositary on September 13, 2006 indicated that the total number of shares validly tendered was 33,448,714, including the 8,537,481 shares tendered through notice of guaranteed delivery. Based on these revised preliminary results Acxiom expects to purchase 11,111,111 shares in the tender offer, subject to proration Proration A situation during a corporate action in which the available cash or shares are not sufficient to satisfy the offers tendered by shareholders. Therefore, a proportion of both cash and shares is granted for each offer tendered. , at $25.00 per share. Acxiom has also been informed by the depositary that the updated preliminary proration factor for the shares tendered at $25.00 is approximately 74 percent. The exact proration factor and purchase price per share continue to be subject to delivery of the shares that were tendered through notice of guaranteed delivery. The results announced today continue to be preliminary and remain subject to verification by the depositary of the proper delivery of the shares validly tendered and not withdrawn. Final results will be announced following the completion of the verification process. Acxiom expects payment for the shares accepted for purchase to occur on or about September 18, 2006, and the return of all shares tendered and not accepted for purchase to occur within one week. The dealer managers for the self-tender offer are J.P. Morgan Securities Inc. and Stephens Inc. The information agent is Innisfree M&A Incorporated, and the depositary is Computershare Trust Company, N.A. Any questions about the self-tender offer may be directed to the information agent at 1-877-750-9457, or the dealer managers, J.P. Morgan Securities Inc. at 1-877-371-5947 or Stephens Inc. at 1-800-643-9691. About Acxiom Acxiom Corporation (Nasdaq: ACXM) integrates data, services and technology to create and deliver customer and information management solutions for many of the largest, most respected companies in the world. The core components of Acxiom's innovative solutions are Customer Data Integration (CDI CDI compact disc interactive: a system for storing a mix of software, data, audio, and compressed video for interactive use under processor control ) technology, data, database services, IT outsourcing, consulting and analytics, and privacy leadership. Founded in 1969, Acxiom is headquartered in Little Rock, Arkansas Little Rock, Arkansas required military intervention to desegregate schools (1957–1958). [Am. Hist.: Van Doren, 556–557] See : Bigotry , with locations throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe, and in Australia and China. |
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