Conestoga Enterprises, Inc. Acknowledges Lynch Interactive Press Release and Letter.Business Editors/Hi-Tech Writers BIRDSBORO, Pa.--(BUSINESS WIRE)--Dec. 12, 2001 Conestoga Enterprises, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CENI CENI Certificados Negociables de Inversión (Banco Central de Nicaragua) ) acknowledged the press release issued by Lynch Interactive Corporation today and the receipt of the letter referred to therein. In the press release and letter sent to Conestoga, Lynch indicated that it would be prepared to offer, subject to certain conditions, to acquire Conestoga for $33.00 per share in cash, less any breakup fees breakup fee A provision in a takeover agreement that requires a firm to pay the investment banker a large sum of money if another firm takes over the target company. A breakup fee tends to discourage other firms from making bids for the target. that would be due to D&E Communications, Inc. As previously disclosed, Conestoga and D&E are parties to a definitive merger agreement pursuant to which CENI would be acquired by D&E for $33.00 consisting of a mixture of cash and D&E stock.. Conestoga will review Lynch's unsolicited un·so·lic·it·ed adj. Not looked for or requested; unsought: an unsolicited manuscript; unsolicited opinions. unsolicited Adjective indication of interest in light of Conestoga's obligations under the definitive merger agreement with D&E. D&E and Conestoga anticipate filing a Joint Proxy Statement/Prospectus with the Securities and Exchange Commission shortly. Investors and security holders would be able to obtain a free copy of such document when it becomes available at the Commission's web site at www.sec.gov. The documents filed with the Commission by D&E and Conestoga may also be obtained for free from D&E by directing a request to D&E, 124 East Main Street, Ephrata, Pennsylvania Ephrata is a borough in Lancaster County, Pennsylvania, 38 miles (61 km) south east of Harrisburg and about 57 miles (91 km) west by north of Philadelphia. It is named after Ephrath, a biblical town in what is now Israel. 17522, Attn: Investor Relations Investor relations The process by which the corporation communicates with its investors. . Certain of these documents may also be accessed on D&E's website at www.decommunications.com when they become available. THE DEFINITIVE Registration Statement and JOINT PROXY STATEMENT/PROSPECTUS should be read CAREFULLY BEFORE MAKING A DECISION CONCERNING THE MERGER. IN SUCH EVENT, INVESTORS and security holders ARE URGED TO READ D&E's Registration Statement on Form S-4 and the JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the merger transaction described above, when they become available, BECAUSE THEY will CONTAIN IMPORTANT INFORMATION. (Legends: Filed by: Conestoga Enterprises, Inc. pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934 Subject Company: Conestoga Enterprises, Inc. (Commission File No. 0-24064)) |
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