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Special Committee of the Board of Directors of First Advantage Corporation To Recommend the First American Corporation Exchange Offer.

Publication: Investment Weekly News
Publication Date: 24-OCT-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
First Advantage Corporation (NASDAQ:FADV), a global risk mitigation and business solutions provider (the "Company"), announced that The First American Corporation ("First American") has issued a press release announcing its intention to commence an exchange offer (the "Offer") to acquire all of the outstanding shares of the Company's Class A common stock ("Class A Shares") not owned or controlled by First American at an exchange ratio of 0.58 of a First American common share per Class A Share. In response to the First American press release, the Company announced that the Special Committee of the Board of Directors of the Company (the "Special Committee") has determined...

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