Children's Comprehensive Services and Ameris Acquisition, Inc. Complete Merger.Business Editors NASHVILLE, Tenn.--(BUSINESS WIRE)--Jan. 3, 2002 Children's Comprehensive Services, Inc. ("CCS CCS - Common Command Set (SCSI) CCS - Customer Care System (ERP/CRM) CCS - C.C. Sabathia (baseball player) CCS - Cainta Catholic School (Cainta, Rizal, Philippines) CCS - Calculus of Communicating Systems CCS - Caledon Community Services (Canada) CCS - Calgary Christian School CCS - California Children's Services CCS - Call Completion Seconds (Sprint) CCS - Camera Coordinate System CCS - Canadian Cancer Society CCS - Canadian Cardiovascular Society") (Nasdaq/NM:KIDS) today announced that it has completed its previously announced merger with Ameris Acquisition, Inc. ("Ameris"). As a result, each outstanding share of CCS common stock has been converted into the right to receive $6.00 in cash, without interest. The Company's exchange agent will mail to each CCS shareholder a letter of transmittal and instructions for surrendering CCS stock certificates in exchange for cash. CCS shareholders should not submit stock certificates for exchange until receipt of the letter of transmittal and the instructions referred to above. CCS's common stock ceased trading on the Nasdaq at the close of business today. Children's Comprehensive Services provides education, treatment and juvenile justice services for at-risk and troubled youth either directly or through management contracts. It currently offers these services through the operation and management of nonresidential specialized education programs and day treatment programs and both open and secured residential treatment centers to approximately 3,200 youth in 14 states. |
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