LESCO, Inc. Shareholders Approve Merger Agreement
03 Maio 2007 - 6:01PM
PR Newswire (US)
CLEVELAND, May 3 /PRNewswire-FirstCall/ -- LESCO, Inc.
(NASDAQ:LSCO), an Ohio-based company and a leading supplier of lawn
care, landscape, golf course and pest control products, announced
that, at its special meeting of shareholders held today, the
Company's shareholders approved and adopted the Agreement and Plan
of Merger, dated as of February 19, 2007, among Deere &
Company, Deere Merger Sub, Inc. and the Company. Approximately 78
percent of the Company's common shares present and voting at the
special meeting approved the merger agreement, representing
approximately 67 percent of the total number of common shares
outstanding and entitled to vote. The Company expects to close the
transactions contemplated by the merger agreement as soon as
practicable, pending the satisfaction or waiver of the conditions
set forth in the merger agreement. About LESCO, Inc. LESCO, Inc.
(NASDAQ:LSCO) is a leading provider of products for the
professional green and pest control industries. LESCO serves
customers worldwide, through more than 345 LESCO Service Center(R)
locations, 114 LESCO Stores-on-Wheels(R) vehicles, and other direct
sales efforts. Additional information about LESCO can be found on
the Internet at http://www.lesco.com/. About Deere & Company
John Deere (Deere & Company -- NYSE: DE) is the world's leading
provider of advanced products and services for agriculture and
forestry and a major provider of advanced products and services for
construction, lawn and turf care, landscaping and irrigation. John
Deere also provides financial services worldwide and manufactures
and markets engines used in heavy equipment. Since it was founded
in 1837, the company has extended its heritage of integrity,
quality, commitment and innovation around the globe.
Forward-Looking Statements This press release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other
than statements of historical facts included in this press release
are forward-looking statements and 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. All forward-looking
statements speak only as of the date of this press release. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance, achievements or transactions of LESCO, Deere and their
affiliates or industry results or the benefits of the proposed
merger to be materially different from any future results,
performance, achievements or transactions expressed or implied by
such forward-looking statements. Such risks, uncertainties and
other factors relate to, among others, the satisfaction of closing
conditions to the merger, difficulties encountered in integrating
the companies and the effects of general and local economic
conditions. In light of these risks, uncertainties and other
factors, you are cautioned not to place undue reliance on these
forward-looking statements. Other risks and uncertainties to which
the companies are subject and which could impact the
forward-looking statements contained herein are included in each
company's filings with the Securities and Exchange Commission. The
companies assume no obligation to update or supplement
forward-looking statements that become untrue because of subsequent
events. For information, call: Michael Weisbarth LESCO, Inc. (216)
706-9250 DATASOURCE: LESCO, Inc. CONTACT: Michael Weisbarth, of
LESCO, Inc., +1-216-706-9250 Web site: http://www.lesco.com/
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