ST. LOUIS--(BUSINESS WIRE)--SAVVIS, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure
services for business applications, today announced that one of its
stockholders is commencing a secondary offering of 6,630,530 shares of
common stock under SAVVIS’ existing shelf
registration statement. The shares of common stock are being offered by
One Equity Partners, LLC, through its affiliate MLT, LLC. One Equity
Partners also intends to grant the underwriters of the secondary
offering an option to purchase up to an additional 994,580 shares of
common stock. Upon completion of the offering, if the underwriters
exercise their over-allotment option in full, it is anticipated that One
Equity Partners will not own any shares of SAVVIS common stock. SAVVIS
will not receive any of the proceeds from the sale of the shares. The
pricing of the offering is anticipated to occur during the week of
January 15, 2007.
A preliminary prospectus supplement regarding the offering has been
filed with the U.S. Securities and Exchange Commission and is available
on the SEC’s website, www.sec.gov.
Morgan Stanley & Co. Incorporated, Goldman, Sachs & Co., and Lehman
Brothers, Inc. will be joint book-running lead managers of the offering.
Cowen and Company, LLC will serve as the co-manager of the offering. The
preliminary prospectus supplement may also be obtained by contacting:
Morgan Stanley & Co. Incorporated
Attn: Prospectus Dep’t
180 Varick Street
New York, NY 10004
212-761-4000
Goldman, Sachs & Co.
85 Broad Street
New York, NY 10004
Attn: Prospectus Dep’t
212-902-1171
Lehman Brothers Inc. c/o ADP Financial Services Prospectus
Fulfillment 1155 Long Island Avenue Edgewood, NY 11717 Fax:
(631) 254-7268 Email: monica_castillo@adp.com
Cowen and Company, LLC
c/o ADP 1155 Long Island Avenue Edgewood, NY 11717 Attn:
Prospectus Dept. (631) 254-7106
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any offer of these
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to the registration or qualification under the
securities laws of any such jurisdiction.
About SAVVIS
SAVVIS, Inc. (NASDAQ: SVVS) is a global leader in IT infrastructure
services for business applications. With an IT services platform
spanning North America, Europe, and Asia, SAVVIS leads the industry in
delivering secure, reliable, and scalable hosting, network, and
application services. These solutions enable customers to focus on their
core business while SAVVIS ensures the quality of their IT systems and
operations. SAVVIS’ strategic approach
combines virtualization technology, a global network and 24 data
centers, and automated management and provisioning systems. For more
information about SAVVIS, visit www.savvis.net.