Infoblox & Vista Equity Partners Receive Approval from the German Federal Cartel Office in Connection with Proposed Transaction
20 Octobre 2016 - 11:00PM
Business Wire
Infoblox Inc. (NYSE:BLOX) (“Infoblox”) and Vista Equity Partners
(“Vista”) today announced that they have received approval from the
German Federal Cartel Office in connection with Vista’s
previously-announced tender offer to purchase all of the
outstanding shares of common stock of Infoblox at a price of $26.50
per share in cash.
As previously announced on October 14, 2016, the United States
Federal Trade Commission (the “FTC”) and Antitrust Division of the
United States Department of Justice (the “Antitrust Division”) have
granted early termination of the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended
(the “HSR Act”).
Vista’s affiliate, India Merger Sub, Inc., commenced the tender
offer on October 7, 2016 and the tender offer will remain open for
Infoblox stockholders until 12:00 midnight, New York City time, at
the end of the day on November 4, 2016, unless extended or earlier
terminated in accordance with the terms of the merger agreement.
The transaction remains subject to a minimum tender condition and
other closing conditions described in the Schedule 14D-9 filed on
October 7, 2016, as amended, and is expected to close in the second
quarter of fiscal 2017.
About Infoblox
Infoblox (NYSE:BLOX) delivers Actionable Network Intelligence to
enterprise, government, and service provider customers around the
world. As the industry leader in DNS, DHCP, and IP address
management, the category known as DDI, Infoblox (www.infoblox.com)
provides control and security from the core—empowering thousands of
organizations to increase efficiency and visibility, reduce risk,
and improve customer experience.
About Vista Equity Partners
Vista Equity Partners, a U.S.-based private equity firm with
offices in Austin, Chicago and San Francisco, with more than $26
billion in cumulative capital commitments, currently invests in
software, data and technology-based organizations led by
world-class management teams with long-term perspective. Vista is a
value-added investor, contributing professional expertise and
multi-level support towards companies realizing their full
potential. Vista's investment approach is anchored by a sizable
long-term capital base, experience in structuring
technology-oriented transactions, and proven management techniques
that yield flexibility and opportunity in private equity investing.
For more information, please
visit www.vistaequitypartners.com.
Forward Looking Statements
All statements in this communication that are not statements of
historical fact are forward looking statements. These
forward-looking statements can be identified by the fact that they
do not relate only to historical or current facts. Forward-looking
statements often use words such as “anticipate”, “target”,
“expect”, “estimate”, “intend”, “plan”, “goal”, “believe”, “hope”,
“aim”, “continue”, “will”, “may”, “would”, “could” or “should” or
other words of similar meaning or the negative thereof. These
statements involve risks and uncertainties that could cause our
actual results to differ materially from those expressed or implied
in forward-looking statements, including, but not limited to: (i)
uncertainties as to the timing of the proposed transaction; (ii)
the risk that the proposed transaction may not be completed in a
timely manner or at all; (iii) uncertainties as to the percentage
of Infoblox’s stockholders that will support the proposed
transaction and tender their shares in the offer; (iv) the
possibility that competing offers or acquisition proposals for
Infoblox will be made; (v) the possibility that any or all of the
various conditions to the consummation of the proposed transaction
may not be satisfied or waived, including the failure to receive
any required regulatory approvals from any applicable governmental
entities (or any conditions, limitations or restrictions placed on
such approvals); (vi) the occurrence of any event, change or other
circumstance that could give rise to the termination of the Merger
Agreement, including in circumstances which would require Infoblox
to pay a termination fee or other expenses; (vii) risks regarding
the failure to obtain the necessary financing to complete the
proposed transaction; (viii) risks related to the debt financing
arrangements entered into in connection with the proposed
transaction; (ix) the effect of the announcement or pendency of the
proposed transaction on Infoblox’s ability to retain and hire key
personnel, its ability to maintain relationships with its
customers, resellers, channel partners, suppliers and others with
whom it does business, or its operating results and business
generally; (x) risks related to diverting management’s attention
from Infoblox’s ongoing business operations; (xi) the risk that
unexpected costs will be incurred in connection with the proposed
transaction; (xii) changes in economic conditions, political
conditions, trade protection measures, licensing requirements and
tax matters; (xiii) the risk that stockholder litigation in
connection with the proposed transaction may result in significant
costs of defense, indemnification and liability and (xiv) other
factors as set forth from time to time in Infoblox’s filings with
the Securities and Exchange Commission (“SEC”), which are available
on our investor relations Web site (http://ir.infoblox.com/) and on
the SEC’s Web site (www.sec.gov). All information provided in this
communication is as of the date hereof, and stockholders of
Infoblox are cautioned not to place undue reliance on our
forward-looking statements, which speak only as of the date such
statements are made. Infoblox does not undertake any obligation to
publicly update any forward-looking statements to reflect events,
circumstances or new information after this communication, or to
reflect the occurrence of unanticipated events, except as required
by applicable law.
Additional Information and Where to Find It
This communication is not a recommendation or an offer to
purchase or a solicitation of an offer to sell shares of Infoblox
Inc. The solicitation and the offer to buy shares of Infoblox
shares has been made pursuant to a Tender Offer Statement on
Schedule TO, including an offer to purchase, form of letter of
transmittal and related tender offer documents, as filed with the
SEC on October 7, 2016. In addition, Infoblox has filed with the
SEC a Solicitation/Recommendation Statement on Schedule 14D-9
relating to the tender offer. Infoblox, Delta Holdco, LLC and India
Merger Sub, Inc. have mailed these documents to the stockholders of
Infoblox. Stockholders of Infoblox are able to obtain a free copy
of these documents at the website maintained by the SEC at
www.sec.gov. In addition, the Solicitation/Recommendation Statement
and the other documents filed by Infoblox with the SEC will be made
available to all stockholders of Infoblox free of charge at
http://ir.infoblox.com.
STOCKHOLDERS OF INFOBLOX ARE ADVISED TO READ THE SCHEDULE TO
(INCLUDING THE OFFER TO PURCHASE, RELATED LETTER OF TRANSMITTAL AND
OTHER OFFER DOCUMENTS) AND THE SCHEDULE 14D-9, AS EACH MAY BE
AMENDED OR SUPPLEMENTED FROM TIME TO TIME, AND ANY OTHER RELEVANT
DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, BEFORE
MAKING ANY DECISION WITH RESPECT TO THE TENDER OFFER BECAUSE THESE
DOCUMENTS CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED
TRANSACTIONS.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161020006631/en/
For Infoblox:Investors:InfobloxRenee
Lyall408-986-4748rlyall@infoblox.comorMedia:John Christiansen /
Megan BouchierSard Verbinnen & Co(415) 618-8750orFor Vista
Equity Partners:Alan FleischmannLaurel Strategies(202)
413-4495mstakelin@laurelstrategies.com
Infoblox Inc. (NYSE:BLOX)
Graphique Historique de l'Action
De Oct 2024 à Nov 2024
Infoblox Inc. (NYSE:BLOX)
Graphique Historique de l'Action
De Nov 2023 à Nov 2024