However, since the delivery of the fairness opinion on November 15, 2012, multiples for comparable companies have expanded meaningfully and therefore the Lazard fairness opinion no longer reflects the current value of the IMOH transaction.
Thus, utilizing current multiples, the allocation of synergies to the segment with respect to which they are applicable and the most recent estimates of achievable synergies, it is clear that the KSE Proposal falls below the bottom end of the range of the pending transaction with IMOH and is nearly $2.
You should understand that the following important factors, in addition to those risk factors disclosed in OUTD's current and periodic reporting filed with the SEC and those discussed in "Risk Factors" in the Registration Statement on Form S-4 filed by IMOH with respect to the proposed transaction and in the documents which are incorporated by reference therein, could affect the future results of OUTD and IMOH after the consummation of the transaction, and could cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements:
IMOH undertakes no duty or responsibility to update any of these forward-looking statements to reflect events or circumstances after the date of this report or to reflect actual outcomes.
333-185106), filed by IMOH on November 21, 2012 with the SEC, that includes the proxy statement of OUTD and that also constitutes a prospectus of IMOH, was declared effective on February 11, 2013.
333-185106), filed by IMOH
on November 21, 2012 with the SEC, that includes the proxy statement of Outdoor Channel and that also constitutes a prospectus of IMOH
, was declared effective on February 11, 2013.
on November 21, 2012 with the SEC, that includes the proxy statement of the Company and that also constitutes a prospectus of IMOH Inc.
On February 12, 2013, the Company, IMOH LLC and IMOH Inc.