M&A Activity • May 24, 2007
M&A Activity
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News Details
Ad-hoc | 24 May 2007 08:07
Software AG: Software AG Receives Final Regulatory Clearance Needed for the Acquisition of webMethods, Inc.
Software AG / Offer/Miscellaneous
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Darmstadt, Germany – May 24, 2007 – Software AG (TecDAX, ISIN DE 0003304002
/ SOW), has received clearance from the Committee on Foreign Investment in
the United States (CFIUS) for its proposed acquisition of webMethods, Inc.
(NASDAQ: WEBM), the final regulatory clearance needed in connection with
the acquisition. As previously announced, the acquisition received
antitrust clearance earlier this month from the U.S. Federal Trade
Commission and the German Federal Cartel Office. Software AG’s tender
offer for all of the outstanding shares of webMethods is scheduled to
expire at 12:00 midnight, New York City time, on Friday, May 25, 2007.
webMethods stockholders should contact Morrow & Co., the information agent
for the tender offer, at (800) 622-5200 for instructions on how to tender
their shares or to obtain the offer to purchase and related materials.
Information and Explaination of the Issuer to this News:
This press release is for informational purposes only and is not an offer
to buy or the solicitation of an offer to sell any securities. The
solicitation and the offer to buy shares of webMethods common stock are
being made pursuant to an Offer to Purchase and related materials that
Software AG, Software AG, Inc. and Wizard Acquisition, Inc. filed with the
SEC on Schedule TO on April 18, 2007. A Solicitation/Recommendation
statement with respect to the tender offer has been filed by webMethods
with the SEC. Investors and security holders may obtain copies of the
tender offer statement and Solicitation/Recommendation statement at the
website maintained by the SEC at www.sec.gov. In addition, the tender offer
statement and other documents filed with the SEC by Software AG are
available free of charge by contacting Morrow & Co., the information agent
for the tender offer, toll free at (800) 662-5200 or by e-mail at
[email protected], and the Solicitation/Recommendation statement and
other documents filed with the SEC by webMethods are available free of
charge by contacting webMethods Investor Relations at (703) 460-5822.
Stockholders and other investors are urged to read carefully those
materials prior to making any decisions with respect to the offer.
Contact for Software AG:
Otmar F. Winzig
Vice President Investor Relations
Phone +49 (0) 6151 92-1699
Fax +49 (0) 6151 92-1191 Norbert Eder
Vice President Corporate Communications
Phone +49 (0) 6151 92-1146
Fax +49 (0) 6151 92-1444
Language: English
Issuer: Software AG
Uhlandstraße 12
64297 Darmstadt Deutschland
Phone: +49 (0)6151 92-1938
Fax: +49 (0)6151 92-1933
E-mail: [email protected]
www: www.softwareag.com
ISIN: DE0003304002
WKN: 330400
Indices: TecDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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