ROCKVILLE, Md., July 9, 2012 /PRNewswire/ -- EDGAR® Online, Inc.
(NASDAQ: EDGR), a premier provider of fundamental financial data,
analytics and disclosure management services, announced today that
it has received notice from the Premerger Notification Office of
the Federal Trade Commission that early termination of the waiting
period under the Hart-Scott-Rodino Antitrust Improvements Act of
1976 was granted in connection with the previously announced merger
of EDGAR® Online, Inc. and R.R.
Donnelley & Sons Company. The transaction remains
subject to other customary closing conditions, including approval
by EDGAR® Online's stockholders. Subject to satisfaction of these
other closing conditions, the merger is expected to close during
the third quarter of 2012.
About EDGAR Online
EDGAR® Online (NASDAQ:EDGR) provides financial data,
analytics and disclosure management solutions to help corporations
and institutional investors facilitate compliance and management of
regulatory disclosure filings. In addition to developing a variety
of unique as-reported and normalized data sets, EDGAR® Online is an
industry leader in XBRL (eXtensible Business Reporting Language)
processing. Thousands use the company's solutions, including U.S.
public companies, mutual funds, leading financial analysts and
institutional investors, as well as global regulators such as the
FDIC, Banque de France and the
U.S. Securities and Exchange Commission. The company delivers its
solutions, including ActiveXBRL software solutions, through an
extensive network of partners, including Business Wire,
LexisNexis®, NASDAQ OMX, Oracle, PR Newswire, RR Donnelley and
SAP.
Important Merger Information
In connection with the proposed acquisition, EDGAR® Online
has filed a preliminary proxy statement on Schedule 14A with the
Securities and Exchange Commission, or SEC, and intends to file a
definitive proxy statement on Schedule 14A with the SEC.
EDGAR® Online and RR Donnelley intend to file other relevant
materials with the SEC. Stockholders of EDGAR® Online are urged to
read all relevant documents filed with the SEC when they become
available, including EDGAR® Online's proxy statement, because they
will contain important information about the proposed transaction.
A definitive proxy statement will be sent to holders of EDGAR®
Online stock seeking their approval of the proposed
transaction.
Investors and security holders will be able to obtain the
documents (when available) free of charge at the SEC's web site,
http://www.sec.gov. In addition, EDGAR® Online stockholders may
obtain free copies of the documents filed with the SEC when
available by contacting EDGAR® Online's Investor Relations at 11200
Rockville Pike, Suite 310 Rockville,
MD 20852. Phone 1-301-287-0364. Such documents are not
currently available. You may also read and copy any reports,
statements and other information filed with the SEC at the SEC
public reference room at 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at
1-800-SEC-0330 or visit the SEC's website for further information
on its public reference room.
EDGAR® Online and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from the
holders of EDGAR® Online common stock in respect of the proposed
transaction. Information regarding the directors and executive
officers of EDGAR® Online is available in the 2011 Annual Report on
Form 10-K, filed with the SEC on March 13,
2012, and the amendment to such report filed with the SEC on
April 30, 2012. Additional
information regarding the interests of such potential participants
will be included in the proxy statement and the other relevant
documents filed with the SEC when they become available.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" as
defined in the U.S. Private Securities Litigation Reform Act of
1995. Readers are cautioned not to place undue reliance on these
forward-looking statements and any such forward-looking statements
are qualified in their entirety by reference to the following
cautionary statements. All forward-looking statements speak only as
of the date of this news release and are based on current
expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements
contained in RR Donnelley's and EDGAR® Online's filings with the
SEC. RR Donnelley and EDGAR® Online disclaim any obligation to
update or revise any forward-looking statements.
These forward-looking statements are subject to a number of
risks that could cause actual results to differ materially from
those contained in the forward-looking statements, including the
risk that EDGAR® Online's stockholders may not approve the merger
and that the regulatory approvals and any other required approvals
in connection with the merger may not be obtained on the proposed
terms or at the times anticipated.
SOURCE EDGAR Online, Inc.
