Anteon Stockholders Approve Sale to General Dynamics
03 Mars 2006 - 11:12PM
Business Wire
Anteon International Corporation (NYSE:ANT), announced that, at a
special meeting of the stockholders held today, the stockholders of
the company voted in favor of the proposed acquisition of the
company by General Dynamics Corporation (NYSE:GD). Of the 73% of
outstanding Anteon shares voted, approximately 98% were cast in
favor. Pursuant to the terms of the merger agreement, holders of
Anteon common stock will receive $55.50 in cash for each share of
Anteon common stock they own at the closing of the transaction. As
previously announced, Anteon anticipates that the transaction will
close no later than the end of the second quarter of 2006. About
Anteon Anteon, headquartered in Fairfax, Virginia, is a leading
information technology company serving the U.S. Federal government
and international customers. Anteon designs, integrates, maintains,
and upgrades state-of-the-art systems for national defense,
intelligence, homeland security, and other high priority government
missions. Anteon provides numerous government clients with the
systems integration, strategy and program management, systems
engineering, operations services, and simulation and training
skills necessary to manage the development and operations of their
mission critical systems. The Company was founded in 1976 and
currently employs over 9,500 employees in more than 100 offices
worldwide. Anteon consistently ranks among the top information
technology integrators based on independent surveys, and has been
named to the Forbes List of the 400 Best Big Companies in 2006,
earning distinction on the Forbes Platinum List. Anteon is listed
on the Standards & Poor's MidCap 400 Index. For more
information, visit www.anteon.com. CAUTIONARY LANGUAGE CONCERNING
FORWARD-LOOKING STATEMENTS Statements herein regarding the proposed
transaction between Anteon International Corporation and General
Dynamics Corporation, the expected timetable for completing the
transaction, future financial and operating results, benefits and
synergies of the transaction, future opportunities for the combined
company and any other statements about Anteon International
Corporation management's future expectations constitute forward
looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements are based upon the
current beliefs and expectations of Anteon International
Corporation's management and are subject to significant risks and
uncertainties. There are a number of important factors that could
cause actual results or events to differ materially from those
indicated by such forward looking statements, including: the
ability to obtain governmental approvals of the transaction on the
proposed terms and schedule and the failure of Anteon International
Corporation stockholders to approve the transaction. Additional
factors that may affect future results are contained in Anteon
International Corporation's filings with the Securities and
Exchange Commission ("SEC"), including its Annual Report on Form
10-K for the year ended December 31, 2004, which are available at
the SEC's Web site (http://www.sec.gov). The information set forth
herein speaks only as of the date hereof, and Anteon International
Corporation disclaims any intention or obligation to update any
forward looking statements as a result of developments occurring
after the date hereof. IMPORTANT ADDITIONAL INFORMATION FILED WITH
THE SEC In connection with the proposed transaction, Anteon
International Corporation has filed a definitive Proxy Statement
with the SEC and has mailed such final Proxy Statement to its
stockholders. INVESTORS AND SECURITY HOLDERS OF ANTEON
INTERNATIONAL CORPORATION ARE URGED TO READ THE PROXY STATEMENT AND
ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC BECAUSE THEY
CONTAIN IMPORTANT INFORMATION ABOUT ANTEON INTERNATIONAL
CORPORATION, THE PROPOSED TRANSACTION AND RELATED MATTERS.
Investors and security holders of Anteon International Corporation
may obtain copies of the Proxy Statement, as well as other filings
with the SEC that may be incorporated by reference into such
documents, containing information about Anteon International
Corporation, without charge, at the SEC's Internet site
(http://www.sec.gov). These documents may also be obtained for free
from Anteon International Corporation by directing a request to
Anteon International Corporation, Investor Relations, 3211
Jermantown Road, Fairfax, Virginia 22030-2801 or at Anteon
International Corporation's Investor Relations page on its
corporate website at www.anteon.com.
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