Cambridge Protection Industries, LLC to Acquire SecurityLink From SBC Communications.Business Editors/Technology Writers CHICAGO--(BUSINESS WIRE)--Jan. 3, 2001 GTCR GTCR Glacier Travel and Crevasse Rescue Golder Rauner, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control through its affiliate Cambridge Protection Industries, LLC ("Cambridge"), a security services company headquartered in Chicago, IL, and SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications Inc. (NYSE NYSE See: New York Stock Exchange : SBC), today announced an agreement in which a Cambridge subsidiary will acquire the SecurityLink unit of Ameritech Corporation, a subsidiary of SBC. The transaction has been approved by the boards of directors of the two companies. The closing of the transaction is subject to review by the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. and the Department of Justice. SecurityLink provides security monitoring services to more than one million residential, commercial and government customers throughout North America. About SBC Communications Inc. (NYSE: SBC) SBC Communications Inc. (www.sbc.com) is a global communications leader. Through its subsidiaries' trusted brands - Southwestern Bell, Ameritech, Pacific Bell, SBC Telecom, Nevada Bell and SNET n. 1. The fat of a deer. v. t. 1. The clear of mucus; to blow. - and world- class network, SBC and its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. provide local and long- distance phone service, wireless and data communications, paging, high- speed Internet access and messaging, cable and satellite television, and telecommunications equipment, as well as directory advertising and publishing. In the United States, the company currently has 61.3 million access lines and is undertaking a national expansion program that will bring SBC service to an additional 30 markets. SBC has a 60 percent equity interest in Cingular Wireless, its joint venture with BellSouth, which serves 19 million wireless customers. Internationally, SBC has telecommunications investments in more than 20 countries and has annual revenues that rank it among the largest Fortune 500 companies. About Cambridge Protection Industries, LLC Cambridge Protection Industries, LLC is a national provider of electronic security services founded by GTCR Golder Rauner, LLC and James M. Covert. Cambridge acquired its first company in April 2000 and has completed several more acquisitions to date. The security provider does business in the U.S. Midwest and Plains regions as Cambridge Security Services, while servicing the West Coast in LA and Orange County as NACC NACC North Atlantic Cooperation Council (NATO) NACC National Association of Counsel for Children NACC National Association of Career Colleges NAcc Nucleus Accumbens (brain region) and Cambridge Alarm Company. Mr. Covert founded SecurityLink Midwest in October 1987 and sold the company to Ameritech in December 1994. He remained CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. until June 1996 when he relocated to Australasia, and founded Signature Security Group with offices throughout Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . About GTCR Golder Rauner, LLC Founded in 1980, GTCR Golder Rauner, LLC is a leading private equity investment firm and long-term strategic partner of outstanding management teams. It pioneered the investment strategy of identifying and partnering with exceptional executives to build leading companies through acquisitions and internal growth. GTCR currently manages more than $4 billion in equity capital invested in a wide range of companies and industries. More information about GTCR can be found at www.gtcr.com. All trademarks are the property of their respective owners. Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission. This news release is not an offer to sell, nor the solicitation of an offer to buy, any securities. Any offer will be made only by means of a prospectus registered with the Securities and Exchange Commission. SOURCE: SBC Communications |
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