ADVO Pushes Forward with Merger Plans

WINDSOR, CT—Despite last week’s announcement that Valassis was suing ADVO Inc. to rescind its $1.3 billion merger agreement, ADVO said it would begin mailing supplemental proxy materials in conjunction with the special meeting scheduled to adopt the merger agreement.

The meeting is slated for next Wednesday. Upon completion of the merger, ADVO stockholders would receive $37 per share.