Cegedim SA's Proposed Acquisition of Dendrite International, Inc. Clears U.S. Antitrust Review
16 Abril 2007 - 5:30PM
Business Wire
Dendrite International, Inc. (NASDAQ: DRTE) today announced that
its proposed acquisition by French company, Cegedim SA (�Cegedim�),
has cleared U.S. antitrust review, but remains subject to
satisfaction of several other conditions, including the
transaction�s approval by Dendrite�s shareholders. On March 2,
2007, Dendrite announced that it had entered into an agreement to
be acquired by Cegedim in a merger transaction. Cegedim has agreed
to pay $16.00 per common share of Dendrite upon the closing of the
merger. On March 19, 2007, Dendrite and Cegedim submitted
pre-merger notification and report forms with the U.S. Federal
Trade Commission and the U.S. Department of Justice, Antitrust
Division. The granting of early termination of the waiting period
under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as
amended, means the proposed acquisition has cleared U.S. antitrust
review. About Dendrite Founded in 1986, Dendrite International
(NASDAQ: DRTE) enables sales, marketing, clinical and compliance
solutions for the global pharmaceutical industry. The Company�s
clients are located in more than 50 countries and include the
world�s top 20 pharmaceutical companies. For more information,
please visit http://www.dendrite.com. Note: Dendrite is a
registered trademark of Dendrite International, Inc. Forward
Looking Statements This press release contains certain statements
that are �forward-looking statements� within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended. Such statements are qualified by
the inherent risks and uncertainties surrounding future
expectations generally, and also may materially differ from actual
future experience involving any one or more of such statements.
Such risks and uncertainties include: Dendrite�s inability to
satisfy the conditions to closing the merger (including shareholder
approval) and other risk factors as set forth from time to time in
Dendrite�s filings with the SEC. The inclusion of a forward-looking
statement herein should not be regarded as a representation by
Dendrite that Dendrite�s objectives will be achieved. Dendrite
undertakes no obligation to publicly update forward-looking
statements, whether as a result of new information, future events
or otherwise. Additional Information and Where to Find It In
connection with the proposed merger and required shareholder
approval, Dendrite filed with the SEC a definitive proxy statement.
The definitive proxy statement has been mailed to the shareholders
of Dendrite. Dendrite�s shareholders are urged to read the
definitive proxy statement because the definitive proxy statement
contains important information about the acquisition and Dendrite.
Investors and security holders may obtain free copies of these
documents and other documents filed with the SEC at the SEC�s web
site at www.sec.gov. In addition, investors and security holders
may obtain a free copy of the proxy statement and other documents
filed by Dendrite with the SEC at the SEC�s web site at
www.sec.gov. These documents may be accessed and downloaded for
free at Dendrite�s web site at www.dendrite.com or by directing a
request to investorrelations@dendrite.com. Dendrite and its
officers and directors may be deemed to be participants in the
solicitation of proxies from Dendrite shareholders in respect of
the proposed merger. Information regarding the officers and
directors of Dendrite and their ownership of Dendrite stock is set
forth in the definitive proxy statement, which was filed with the
SEC on April 9, 2007. Investors and security holders may obtain
more detailed information regarding the direct and indirect
interests of Dendrite and its respective executive officers and
directors in the merger by reading the definitive proxy statement
which is available free at the SEC's website, http://www.sec.gov,
and at Dendrite's website, http://www.dendrite.com.
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