Mosher went on to say the merger will further broaden Workflow’s financial capacity to expand its geographic reach to Asia/Pacific and Europe, which the company intends to achieve through both organic growth and acquisitions, while continuing to remain in the forefront of industry developments.
Consummation of the merger is conditioned on the Enterprise stockholders approving the merger, with the holders of fewer than 30 percent of the shares of Enterprise common stock voting against the merger and exercising their right to convert their shares into a pro-rata portion of Enterprise’s trust fund prior to the anticipated completion of the merger. Assuming the closing conditions are met, Enterprise anticipates completing the transaction in the fourth quarter of 2008 or early in the first quarter of 2009.
- Companies:
- WorkflowOne