EANS-Adhoc: Goldbach Media AG
Goldbach Media AG requests Squeeze-out in
ARBOmedia AG
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
28.09.2010
Ad hoc press release
Goldbach Media AG requests Squeeze-out in ARBOmedia AG
Küsnacht, September 28, 2010. The board of Directors of Goldbach
Media AG ("GBM") as the main shareholder of ARBOmedia AG ("ARBO") has
adopted a resolution in favor of starting a squeeze-out procedure and
will address a formal request to the ARBO management board.GBM currently owns 97.6% of the share capital of ARBO, allowing this move according to German law. In order to effect the squeeze-out in ARBO, GBM intends to have a shareholder's resolution pursuant to § 327 a German Stock Corporation Act. In accordance with legal requirements, GBM will offer a fair cash compensation for each outstanding ARBO bearer share, based on an expert opinion. The fairness of such compensation will be reviewed by an expert to be selected and appointed by the comptent court of Munich.
end of announcement euro adhoc
Further inquiry note:
Paul Riesen, Germaine Müller
Tel. +41 44 914 91 00
Mobile: +41 79 688 24 74
germaine.mueller@goldbachmedia.com
paul.riesen@goldbachmedia.com
Branche: Media
ISIN: CH0004870942
WKN: 487094
Index: SPI, SPIEX
Börsen: SIX Swiss Exchange / Main Standard