McDonald Bradley, Inc. Acquires Infodata Systems Inc.
02 September 2005 - 6:59PM
PR Newswire (US)
HERNDON, Va., Sept. 2 /PRNewswire/ -- Infodata Systems Inc.
(OTC:INFD) (BULLETIN BOARD: INFD) today announced that the
acquisition of Infodata by McDonald Bradley, Inc. has been fully
completed effective as of August 30, 2005. At a special meeting of
Infodata shareholders held on August 22, 2005, Infodata
shareholders approved the merger agreement that provided for
Infodata to become a wholly-owned subsidiary of McDonald Bradley.
The closing of the merger transaction took place on August 26,
2005. Articles of Merger were filed with the Virginia State
Corporation Commission on August 29, 2005 and accepted by the SCC
on August 30, 2005, which issued a Certificate of Merger effective
that date. A Form 15 has been filed with the U.S. Securities and
Exchange Commission ("SEC") today to remove Infodata from any
further obligations to file periodic reports pursuant to the
Securities Exchange Act of 1934. As explained in Infodata's proxy
statement, dated July 18, 2005, sent to shareholders of record of
Infodata common stock on July 15, 2005, such shareholders promptly
will be sent instructions explaining how to send in their Infodata
stock certificates in order to receive the merger consideration to
which they are entitled. Shareholders will receive the merger
consideration of $1.09 per share of Infodata common stock as soon
as practicable after receipt by the paying agent of the stock
certificates together with the completed documents included with
the instructions. CONTACT: Liz Sara, +1-202-255-0134, or , for
McDonald Bradley, Inc. DATASOURCE: McDonald Bradley, Inc. CONTACT:
Liz Sara, +1-202-255-0134, or , for McDonald Bradley, Inc. Web
site: http://www.mcdonaldbradley.com/
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