Roadway Corp. and Yellow Corp. have announced a cash election deadline of Dec. 5, related to the pending acquisition of Roadway by Yellow.
Any Roadway stockholder who wishes to make an election to receive merger consideration in cash, or a combination of cash and stock, must submit an election form in accordance with the instructions contained in the joint proxy statement/prospectus dated Oct. 17, 2003. The election form must be received by the exchange agent no later than 5 p.m., New York time, on Dec. 5, 2003.
The pending acquisition of Roadway by Yellow is expected to close on Dec. 11, 2003. This closing date and the cash election deadline assume that stockholders of both companies approve merger-related matters at the special stockholders' meetings on Dec. 9, 2003, and that all other conditions to the merger will be satisfied at the closing.
All cash and stock elections are subject to allocation and proration adjustments as described in the joint proxy statement/prospectus.
Any Roadway stockholder who wishes to make an election to receive merger consideration in cash, or a combination of cash and stock, must submit an election form in accordance with the instructions contained in the joint proxy statement/prospectus dated Oct. 17, 2003. The election form must be received by the exchange agent no later than 5 p.m., New York time, on Dec. 5, 2003.
The pending acquisition of Roadway by Yellow is expected to close on Dec. 11, 2003. This closing date and the cash election deadline assume that stockholders of both companies approve merger-related matters at the special stockholders' meetings on Dec. 9, 2003, and that all other conditions to the merger will be satisfied at the closing.
All cash and stock elections are subject to allocation and proration adjustments as described in the joint proxy statement/prospectus.
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