AmeriPath Shareholder, MMI Investments, Retains Innisfree M&A for Solicitation against AmeriPath's Management Buy-Out.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 28, 2003 AmeriPath (Nasdaq:PATH) shareholder, MMI (Man Machine Interface) See HMI. 1. MMI - Man-Machine Interface. 2. (company) MMI - The company which developed the first Programmable Array Logic devices. MMI was bought by AMD. Investments, has retained Innisfree M&A Incorporated, a leading proxy solicitation firm, in connection with MMI's solicitation against AmeriPath's $21.25 per share buy-out deal with Welsh Carson and AmeriPath senior executives. Clay Lifflander, President of MMI's manager, stated: "AmeriPath's denial of our request for a shareholder list is a clear attempt to limit our communications with our fellow shareholders. We are determined to get our message out to our fellow shareholders, and are therefore very pleased to be working with a top-tier proxy solicitor Proxy Solicitor A specialist (firm) hired to gather proxy votes. such as Innisfree M&A. AmeriPath's shareholders deserve the best possible chance to hear the arguments on both sides of this upcoming contest -- this is what shareholder democracy is all about." MMI Investments is conducting an exempt solicitation against AmeriPath's proposed transaction with Welsh Carson. If you would like additional materials detailing the financial and structural reasons for MMI's opposition to this deal, please contact Jerome Lande at (212) 586-4333 or search EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. filings for AmeriPath from December 13th and 19th, 2002. Innisfree M&A Incorporated, combined with its wholly-owned, London based subsidiary, Lake Isle M&A Incorporated, is a full service proxy solicitation/investor relations firm specializing in proxy contests Proxy contest A battle for the control of a firm in which a dissident group seeks, from the firm's other shareholders, the right to vote those shareholders' shares in favor of the dissident group's slate of directors. Also called proxy fights. and mergers and acquisitions. Innisfree provides its global client base with sound tactical and strategic advice and results-oriented implementation in contested and uncontested proxy and consent solicitations Consent Solicitation A solicitation by one party to the stakeholders of a particular security for the consent of a material change. Notes: Should the majority of stakeholders provide valid consent prior to the consent expiry date, the issuer may then follow through with , tender and exchange offers, mergers, rights offerings, strategic restructuring and other domestic and cross-border transactions requiring action by public security-holders. Innisfree also provides expert consulting services on a wide range of matters, including corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. issues, executive compensation proposals and investor relations Investor relations The process by which the corporation communicates with its investors. matters. |
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