ISS is widely
recognized as the leading independent proxy advisory firm in
the nation.
In recommending
that Johnson Outdoors shareholders vote in favor of the
proposed transaction, ISS stated in its March
2, 2005 report:
"Based on our review of the terms of the transaction . under which JO Acquisition
Corp.
In its report issued today, ISS also recommended that shareholders vote to
approve the
proposal that would give Johnson Outdoors the authority to adjourn
the special meeting of shareholders
if there are not sufficient votes to
approve the transaction and related items.
Visit
Johnson Outdoors online at http://www.
thrill contribute
.
ABOUT JOHNSON OUTDOORS INC.detecting skydiving
They welcome both expert
and novice members because sharing new experiences adds to the thrill.
because adds
Under the terms of the
all-cash offer of $20.PRESS RELEASE Hertz Los Cabos Mexico Adds Jeep Liberty to Fleet
because founders
10 per share
in cash.Outdoor Adventure Clubs are local volunteer based organizations which offer a rich variety of
outdoor activities, generally at low cost.
bats speleology
com.detecting adds
10 per share, which
represents a 21.bats canoeing
The Hertz
Rent A Car facility located in the
popular vacation destination of Los Cabos, Mexico, has added the
Jeep
Liberty to its fleet.generally kayaking
."
Located at the southern tip of Baja California, where the desert
meets the
sea, Los Cabos, Mexico is a fast-growing vacation destination that
comprises two towns
-- San Jose del Cabo and Cabo San Lucas.johannesburg adds
, JOHNSON OUTDOORS INC.
(Nasdaq: JOUT) today announced that
Institutional Shareholder Services (ISS),
the nation's leading independent proxy advisory firm, has
recommended that
Johnson Outdoors shareholders vote FOR Johnson Outdoors' proposed merger with
JO
Acquisition Corp.
As the Company noted in its definitive proxy statement that it recently mailed
to its shareholders, the Board of Directors urges all shareholders who have
not already done so
to vote FOR the merger by mailing in their proxy cards
TODAY.
Johnson Outdoors is a leading
global outdoor recreation company that turns
ideas into adventure with innovative, top-quality products
.outdoors represent
The Company
designs, manufactures and markets a portfolio of winning, consumer-preferred
brands
across four categories: Watercraft, Marine Electronics, Diving and
Outdoor Equipment.com .sledding novice
at the
Company's special shareholder meeting on March 22,
2005.feel speleology
Its recommendations are relied upon by
hundreds of major
institutional investment firms, mutual funds, and other fiduciaries throughout
the country.
The five-door, five-passenger Sport SUV comes equipped with four-wheel
drive
, rack-and-pinion steering, a CD player, and a split-folding rear seat
that can be used to transport
anything from golf clubs to fishing
equipment. "Whether you're golfing, fishing, snorkeling, or
sightseeing
in Los Cabos, the Liberty is a great vehicle to rent because
it's got great room, it's fun, convenient
and reliable. Los Cabos is
internationally known for its championship golf and other outdoor
activities
, including game fishing, surfing, scuba diving and snorkeling.because kayaking
2% premium to the average closing price
of Johnson Outdoors
Class A common stock for the 30 days prior to the Buy-Out Group's initial
$18. The Liberty joins the Jeep Wrangler, already a staple of Hertz
Los Cabos' diverse fleet of cars
and SUVs.witwatersrand wits
ISS Recommends That Johnson Outdoors Shareholders Vote in Favor of Proposed Merger with JO
Acquisition Corp.
Hertz operates from approximately 7400 locations in more than 150
countries
.contribute climbing
hertz.climbing contribute
RACINE, Wis. in particular the
premium paid to current shareholders and the procedural
safeguards taken in
negotiating the terms, we believe that the merger agreement warrants
shareholder
support.7% premium to the 52-week average closing price prior to
the February 20, 2004 announcement
of the offer, Johnson Outdoors'
unaffiliated shareholders will receive guaranteed value for their
investment. Johnson Outdoors' familiar brands include, among others:
Old Town(R) canoes and kayaks;
Ocean Kayak(TM) and Necky(R) kayaks; Minn
Kota(R) motors; Humminbird(R) fishfinders; SCUBAPRO(R)
and SnorkelPro;
UWATEC(R) dive equipment; and Eureka!(R) tents.
Visitors also flock
to the 20 beaches that span "the Corridor," the twenty
mile, four-lane highway that connects Los
Cabos' two towns.detecting speleology
Accordingly, Johnson Outdoors urges shareholders,
whether or not they plan to
attend the special meeting in person, to sign,
date and return the Company's proxy card or to follow
the instructions
supplied on the proxy card for voting by telephone or via the Internet as soon
as
possible.bats represent
wits generally
will acquire all of Johnson Outdoors'
outstanding shares for $20.
speleology orienteering
JohnsonOutdoors. In
addition to
the resorts, restaurants and spas that line the Corridor, Los Cabos boasts
a diverse
landscape of deserts and mountains that provide a variety of
sightseeing opportunities.
These clubs often represent a grand vision of their founders who feel that outdoor activities
contribute to their individual and even spiritual development.
sledding feel
The transaction, if
approved, is
expected to be completed shortly after the March 22, 2005
shareholder vote.
Approval of
the merger agreement requires, among other required votes, the
affirmative vote of 66 2/3% of the
votes entitled to be cast at the special
meeting by shareholders other than members of the Buy-Out
Group and their
affiliates or associates.feel climbing
00 offer and a 53.
* Permission to use quotation
neither sought nor obtained.
For more information or to make reservations, customers can contact
their
local travel agent, call Hertz toll-free at 1-800-654-3001 or visit the
company on the web
at www.canoeing founders
"*
As previously announced on October 29, 2004, the board of directors of
Johnson
Outdoors approved a definitive merger agreement with JO Acquisition
Corp. Johnson Outdoors shareholders
who have questions or need
assistance voting their shares may call Innisfree M+A toll free at
(877) 825-8964 or collect at (212) 750-5833.
"The Jeep Liberty is known for its performance and
capability, and we're
excited that it's a part of our fleet," says Armando Tapia, General
Director
, Hertz Naver, Mexico, the company that operates the Hertz Rent A
Car facility in Los Cabos.founders bats
climbing speleology
Working overtime to stay the Web's best reference!
-> Show SiteSeek's List of Web Sites For This Topic (Not Yet Peer Reviewed)
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)