Message #11 From:
NewsBot Date: September 13, 2006 07:32:00 AM
AD News ADVO Stockholders Overwhelmingly Approve Merger Agreement with Valassis
WINDSOR, Conn.--(BUSINESS WIRE)--Sept. 13, 2006--ADVO, Inc. (NYSE: AD) today announced that its stockholders voted overwhelmingly at its special meeting to adopt the Agreement and Plan of Merger, dated as of July 5, 2006, among ADVO, Valassis Communications, Inc. (NYSE: VCI) and Michigan Acquisition Corporation, a wholly owned subsidiary of Valassis.
About ADVO
ADVO is the nation's leading direct mail media company, with annual revenues of nearly $1.4 billion. Serving 17,000 national, regional and local retailers, the company reaches 114 million households, more than 90% of the nation's homes, with its ShopWise(R) shared mail advertising.
The company's industry-leading targeting technology, coupled with its unparalleled logistics capabilities, enable retailers seeking superior return on investment to target, version and deliver their print advertising directly to consumers most likely to respond.
Demonstrating ADVO's effectiveness as a print medium, the company's "Have You Seen Me? (R)" missing child card, distributed with each ShopWise(R) package, is the most recognized mail in America. This signature public service program has been responsible for safely recovering 143 children. The program was created in partnership with the National Center for Missing & Exploited Children and the U.S. Postal Service in 1985.
ADVO employs 3,700 people at its 24 mail processing facilities, 33 sales offices and headquarters in Windsor, CT. The company can be visited online at www.ADVO.com.
