Joy Global Inc. Announces Fiscal Third Quarter 2016 Earnings Release Information
22 Agosto 2016 - 12:12PM
Business Wire
Joy Global Inc. (NYSE: JOY) announced today that it will release
fiscal third quarter 2016 earnings results prior to the opening of
business on Thursday, September 1, 2016.
On July 21, 2016, the company announced that it had entered into
an Agreement and Plan of Merger under which Komatsu America Corp.,
a subsidiary of Komatsu Ltd., will acquire the company. In light of
the pending merger, the company will not hold a conference call
following issuance of its fiscal 2016 third quarter earnings
release. For more information related to the merger, please refer
to the company’s filings with the Securities and Exchange
Commission.
About Joy Global
Joy Global Inc. is a worldwide leader in mining equipment and
services for surface and underground mining.
Additional Information and Where to Find it
Joy Global has filed with the SEC a preliminary proxy statement
in connection with the contemplated transactions. The definitive
proxy statement will be sent or given to Joy Global stockholders
and will contain important information about the contemplated
transactions. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ
CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT AND ANY OTHER
RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE.
Investors and security holders may obtain a free copy of the
preliminary proxy statement and the definitive proxy statement
(when it is available) and other documents filed with the SEC at
the SEC's website at www.sec.gov.
Certain Information Concerning Participants
Joy Global and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from Joy
Global investors and security holders in connection with the
contemplated transactions. Information about Joy Global’s directors
and executive officers is set forth in its preliminary proxy
statement in connection with the contemplated transactions, its
proxy statement for its 2016 Annual Meeting of Stockholders and its
most recent annual report on Form 10-K. These documents may be
obtained for free at the SEC's website at www.sec.gov.
Cautionary Statement Regarding Forward-Looking
Information
This communication contains forward-looking information about
Joy Global, Komatsu Ltd. and Komatsu America Corp. and the proposed
transaction. Forward-looking statements are statements that are not
historical facts. These statements can be identified by the use of
forward-looking terminology such as "believe," "expect," "may,"
"will," "should," "project," "could," "plan," "goal," "potential,"
"pro forma," "seek," "intend" or "anticipate" or the negative
thereof or comparable terminology, and include discussions of
strategy, financial projections, guidance and estimates (including
their underlying assumptions), statements regarding plans,
objectives, expectations or consequences of announced transactions,
and statements about the future performance, operations, products
and services of Joy Global and its subsidiaries. Joy Global
cautions readers not to place undue reliance on these statements.
These forward-looking statements are subject to a variety of risks
and uncertainties. Consequently, actual results and experience may
materially differ from those contained in any forward-looking
statements. Such risks and uncertainties include the following: the
failure to obtain Joy Global stockholder approval of the proposed
transaction; the possibility that the closing conditions to the
contemplated transactions may not be satisfied or waived, including
that a governmental entity may prohibit, delay or refuse to grant a
necessary regulatory approval; delay in closing the transaction or
the possibility of non-consummation of the transaction; the
potential for regulatory authorities to require divestitures in
connection with the proposed transaction; the occurrence of any
event that could give rise to termination of the merger agreement;
the risk that stockholder litigation in connection with the
contemplated transactions may affect the timing or occurrence of
the contemplated transactions or result in significant costs of
defense, indemnification and liability; risks inherent in the
achievement of cost synergies and the timing thereof; risks related
to the disruption of the transaction to Joy Global and its
management; the effect of announcement of the transaction on Joy
Global’s ability to retain and hire key personnel and maintain
relationships with customers, suppliers and other third parties;
fluctuations in the availability and prices of commodities;
difficult global economic and capital markets conditions; risks
associated with revenues from foreign markets; interruption,
failure or compromise of Joy Global’s information systems; and
changes in the legal and regulatory environment. These risks and
others are described in greater detail in Joy Global’s Annual
Report on Form 10-K for the fiscal year ended October 30,
2015, as well as in Joy Global’s Quarterly Reports on Form 10-Q and
other documents filed by Joy Global with the SEC after the date
thereof. Joy Global makes no commitment to revise or update any
forward-looking statements in order to reflect events or
circumstances occurring or existing after the date any
forward-looking statement is made.
JOY-G
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Joy Global Inc.Sandy McKenzieInvestor Relations+1
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