Home | Business News | Browse by Publication | P | PR Newswire

Computershare to Acquire Georgeson Shareholder Communications Inc. Continues Global Expansion As the World's Leading Investor Services Company.

Publication: PR Newswire
Publication Date: 15-OCT-03 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Computershare Ltd. announced today an agreement to acquire New York-based Georgeson Shareholder Communications for approximately US$115 million (A$167 million) in cash. The deal also includes contingent consideration of Computershare shares that, if all future performance goals are met, could increase the total value of the deal to approximately US$124 million (A$180 million). The cash consideration for the acquisition will be entirely funded through existing cash reserves and debt facilities. Georgeson Shareholder Communications' forecast FY04 revenues are expected to be US$128 million (A$186 million).

Completion of the transaction is subject to a number of conditions including execution of definitive agreements, US regulatory approval and customary terms and conditions, including approval of the shareholders of Georgeson Shareholder Communications. The acquisition is expected to close by calendar year end. The deal has been approved...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from PR Newswire
Safe America Announces Motorola as Sponsor of Homeland Security Progra..., October 16, 2003
Transport Corporation of America Reports Third Quarter Results., October 16, 2003
Tribune Reports 2003 Third Quarter Results., October 16, 2003
Panera Bread Reports Comparable Bakery-Cafe Sales Increased 0.6% for t..., October 16, 2003
Tenneco Automotive Continues to Integrate Operations and Improve Globa..., October 16, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.