J. Jill Group stockholders support merger with Talbots
02 May '06
1 min read
Women's specialty apparel retailer J. Jill Group Inc announced that the Company's stockholders have voted to adopt the Agreement and Plan of Merger dated as of February 5, 2006 by and among the Company, The Talbots Inc and Jack Merger Sub Inc and approve the merger contemplated thereby, providing for the acquisition of the Company by Talbots.
The results of the vote were reported during a special stockholder meeting held in Quincy, Massachusetts.
The number of shares voting to adopt the Merger Agreement and approve the Merger represents approximately 66 Percent of the total number of shares outstanding and entitled to vote at the meeting.
The proposed Merger was announced on February 5, 2006.
The Company expects to complete the Merger on May 3, 2006.
J. Jill Group Inc is a multi-channel specialty retailer of women's apparel, including accessories and footwear.
The company currently markets its products through its retail stores, catalogs and website www.jjill.com.
The Company is designed to appeal to active, affluent women age 35 and older.
marketing@alchempro.com
