Total Logistics Announces Expiration of Hart-Scott-Rodino Waiting Period
January 26 2005 - 7:00AM
PR Newswire (US)
Total Logistics Announces Expiration of Hart-Scott-Rodino Waiting
Period MILWAUKEE, Jan. 26 /PRNewswire-FirstCall/ -- Total
Logistics, Inc. (NASDAQ:TLCX) announced today that, at 11:59 EST on
January 25, 2005, the waiting period under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended (HSR Act), expired
with respect to SUPERVALU INC.'s previously announced tender offer
to purchase all of the outstanding shares of common stock of Total
Logistics, Inc., for $28.50 per share. All necessary waiting
periods under the HSR Act have now expired. The tender offer
continues to be subject to other conditions set forth in the tender
offer statement and related offering materials. The tender offer
will expire at 12:00 midnight EST, February 4, 2005, unless
extended. This press release does not constitute a solicitation or
recommendation with respect to the tender offer or a solicitation
of a proxy, consent or authorization for or with respect to a
meeting of the shareholders of Total Logistics, Inc. or any action
in lieu of a meeting. Any solicitation or recommendations will be
made only pursuant to separate materials in compliance with the
requirements of applicable federal and state securities laws. Total
Logistics, Inc. is a Milwaukee-based public company operating
through two wholly-owned businesses, Total Logistic Control and
Zero Zone. Total Logistics, Inc. is headquartered at 700 North
Water Street, Suite 1200, Milwaukee, WI 53202. This and other Total
Logistics, Inc. news releases and additional corporate data can be
found at http://www.totallogisticsinc.com/ . DATASOURCE: Total
Logistics, Inc. CONTACT: William T. Donovan, President and CEO of
Total Logistics, Inc., +1-414-291-9000 Web site:
http://www.totallogisticsinc.com/
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