Acquisition Information
Gingko Acquisition Corp. Successfully Closes Tender Offer for Information Resources; Gingko Acquisition Corp. Also Announces Subsequent Offering Period
Gingko Acquisition Corp. (Gingko) announced today (November 3, 2003) that it had accepted for payment all of the approximately 19,366,962 shares of common stock of Information Resources, Inc. (IRI) (Nasdaq: IRIC ) that were validly tendered into its tender offer, and not withdrawn, by midnight, New York City time, on the expiration date for that offer of October 31, 2003. The tendering of shares in this amount satisfied the condition to completion of Gingko's tender offer that at least 16,000,000 of the outstanding shares of IRI common stock be tendered.
12/02/03 - Press Releaes - Gingko Acquisition Corp. Announces Successful Conclusion of Tender Offer For Shares of Information Resources, Inc.
11/24/03 - Press Release - Gingko Acquisition Corp. Announces That 89% of IRI's Shares Have Now Been Tendered; Gingko Now Able to Exercise Top-Up Option; Subsequent Offering Period Extended to December 1st
11/20/03 - Press Release - Consideration for Non-Tendering Shareholders may Be Delayed 60-90 Days Until The Merger if They Fail to Tender by This Friday
11/03/03 - Press Release - Gingko Acquisition Corp. Successfully Closes Tender Offer for Information Resources; Gingko Acquisition Corp. Also Announces Subsequent Offering Period.
10/30/03 Press Release - SEC Declares Registration Statement for CVRs Effective; CVRS to Be Quoted on OTC Bulletin Board on Completion of the Offer for Information Resources, Inc. by Gingko Acquisition Corp.
10/20/03 Press Release - Gingko Improves Tender Offer for Shareholders
10/07/03 Press Release - Gingko Acquisition Corp. Extends Tender Offer Expiration Date Of Its Offer for Information Resources, Inc.
09/08/03 Press Release - Ginko Commences New Tender Offer To Acquire Information Resources
SEC Filings:
IRI Antitrust Lawsuit Background
In 1996, Information Resources, Inc. (Nasdaq: IRIC) filed an antitrust action against The Dun & Bradstreet Corp., ACNielsen (now owned by VNU NV) and IMS International, Inc. in the United States District Court for the Southern District of New York entitled Information Resources, Inc. v. The Dun & Bradstreet Corp., et al. No. 96 CIV. 5716. Among other things, IRI alleges that the defendants violated Sections 1 and 2 of the Sherman Act, 15 U.S.C. Sections 1 and 2, by engaging in a series of anti-competitive practices aimed at excluding IRI from certain export markets for retail tracking services and regaining monopoly power in the U.S. market for these same services. IRI has filed a jury demand and is seeking to recover damages in excess of $350 million prior to trebling. A trial date has been set for September 20, 2004.
Summary and Background
Recent Press Releases
4/29/03 U.S. District Court Ruling
Canadian Competition Tribunal Order
European Commission Finding
Important Information for Investors and Stockholders
The information on this website is neither an offer to purchase nor a solicitation of an offer to sell shares of IRI. With the commencement of the tender offer, a newly formed corporation that is owned by Symphony and Tennenbaum filed a Tender Offer Statement with the Securities and Exchange Commission. Information Resources, Inc. Litigation Contingent Payment Rights Trust, a newly formed Delaware statutory trust has filed a Registration Statement on Form S-4 (including the preliminary prospectus contained therein) with respect to the CVRs and IRI has filed a Solicitation/Recommendation Statement with respect to the tender offer.
The Tender Offer Statement (including an offer to purchase, a related letter of transmittal and other offer documents), the Registration Statement on Form S-4 (including the preliminary prospectus contained therein) and the Solicitation/Recommendation Statement contain important information that should be read carefully before any decision is made with respect to the offer.
The offer to purchase, the related letter of transmittal, the Registration Statement on Form S-4 (including the preliminary prospectus contained therein) and certain other documents, as well as the Solicitation/Recommendation Statement, are available to all shareholders of IRI, at no expense to them. The Tender Offer Statement (including the offer to purchase, the related letter of transmittal, the Registration Statement on Form S-4 (including the preliminary prospectus contained therein) and all other offer documents filed with the SEC) and the Solicitation/Recommendation Statement are also available at no charge at the Securities and Exchange Commission's website at www.sec.gov or from MacKenzie Partners, Inc., the information agent for the tender offer, by directing such request to: MacKenzie Partners, Inc., 105 Madison Avenue, New York, New York, 10016, telephone (212) 929-5500 collect or (800) 322-2885 toll-free or by email at proxy@mackenziepartners.com.
