Published: April 29, 2008
FTC Requests Additional Information from ChoicePoint(R), Reed Elsevier
ALPHARETTA, Ga., April 29 /PRNewswire-FirstCall/ -- ChoicePoint Inc.
(NYSE: CPS) today announced that it and Reed Elsevier have received a request
for additional information from the Federal Trade Commission regarding the
proposed merger between the companies. In addition, the companies have been
notified of parallel reviews by the attorneys general of certain states. The
Federal Trade Commission information request was issued under notification
requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as
amended.
The companies intend to cooperate fully and respond expeditiously to the
FTC. It is expected that the transaction will close later in the year.
Forward-Looking Statements
Certain statements contained in this press release, including statements
that are not historical facts, are forward-looking statements made under the
safe-harbor provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by the use of
terminology such as: believe, hope, may, anticipate, should, intend, plan,
will, expect, estimate, continue, project, positioned, strategy and similar
expressions. Such statements involve certain risks, uncertainties and
assumptions that include, but are not limited to, risks and uncertainties
related to the proposed merger, including the satisfaction of conditions to
closing, such as the receipt of regulatory and other approvals, and other
risks and uncertainties described in the Company's filings with the Securities
and Exchange Commission. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect, actual outcomes
may vary materially from those indicated. In light of these risks and
uncertainties you are cautioned not to place undue reliance on these forward-
looking statements. The Company undertakes no obligation to publicly update
forward-looking statements, whether as a result of new information, future
events or otherwise.
About ChoicePoint
ChoicePoint (NYSE: CPS) provides businesses, government agencies and
non-profit organizations with technology, software, information and marketing
services to help manage economic risks and identify business opportunities.
Consumers have free access to the reports we create at www.ChoiceTrust.com.
Learn what we do to protect consumer privacy by visiting
www.PrivacyatChoicePoint.com and, for more information on our company, go to
www.ChoicePoint.com.
ChoicePoint and the ChoicePoint logo are registered trademarks of
ChoicePoint Asset Company LLC.
SOURCE ChoicePoint
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