Valassis funded the ADVO
acquisition, together with the refinancing of ADVO
debt and the payment of fees and expenses, through an $870.
MediaNews, one of the nation's largest newspaper companies, and ADVO
, the nation's largest direct mail company, had launched a similar midweek alliance in the Los Angeles area in August 2003.
Valassis' obligations under the amended merger agreement are not conditioned upon obtaining financing, and there are no conditions to close other than the approval of ADVO
stockholders at a special shareholders meeting.
In early 1994, ADVO
notified Target that it was no longer going to participate in the preparation or distribution of Select Auto.
com , or Investors, Chris Hutter, National Vice President, Finance of ADVO
He has held senior financial posts at CitiGroup and Kraft/General Foods and was CFO at ADVO
com ; or ADVO
Investor Relations: Chris Hutter, NVP, Finance, +1-860-285-6424, cthutter@advo.
Together, Valassis and ADVO
will be well positioned for growth as a more diversified company with complementary capabilities, product offerings and clients," said Alan F.
The complaint charges ADVO
and certain of its officers and directors with violations of the Securities Exchange Act of 1934.
A leading direct mail media company, ADVO
also is owner of the most comprehensive national residential and business mailing list.
An order requiring Valassis to pay interest from September 15, 2006, on the $37 per share merger consideration due to ADVO
This improvement only enhances its effectiveness," said Matt Spahn, ADVO
Chief Marketing Officer.