Moore/Wallace Merger Called A "Win-Win"
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Wallace shareholders will be given the opportunity to elect to receive either cash or shares. To complete the transaction, Moore will issue approximately $44.2 million in common shares to Wallace shareholders, who, following the merger, will own approximately 28 percent of the combined company.
The merger is not expected to raise any anti-trust issues, company executives say. There is a ruling from a Delaware court that stems from the previous hostile takeover attempt. The court ruled then that a merger of the companies would not pose an anti-trust issue.
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