To date, approximately 65 percent of the outstanding shares have voted FOR all three proposals that remain subject to voting and open for consideration by shareholders after the adjourned
“Over 17 percent, or approximately five million, of FHC’s outstanding shares still have not voted,” said
We continue to urge FHC shareholders to vote FOR all three of the remaining proposals. During the period in which the Special Meeting is adjourned, FHC and APP will work on potential alternative transaction structures to complete the merger of FHC and APP, which has received the support of approximately 65 percent of the outstanding shares.
The FHC Board of Directors continues to recommend that shareholders vote "FOR" the proposals.
During the adjournment, shareholders of record on
Shareholders are reminded that their vote is important and are encouraged to vote at their earliest convenience. Shareholders who have already voted do not need to recast their votes. Proxies previously submitted will be voted at the reconvened meeting unless properly revoked. Shareholders who have not already voted or wish to change their vote are encouraged to do so using the instructions provided in the definitive proxy statement.
The failure to return the proxy, or vote at the special meeting in person, will have the same effect as a vote “against” the three remaining proposals. FHC shareholders seeking copies of the definitive proxy statement or with questions about the special meeting may contact FHC’s proxy solicitation firm,
To vote, you will need the control number which appears on your proxy card. If you have not received the proxy materials and voting instructions, either electronically or in the mail, contact your broker, if you have one, or
Below are two convenient ways to vote. FHC highly recommends shareholders vote electronically or by phone. Please have your control number ready while voting. The control number is located on your proxy card.
Additional Information about the Proposed Transaction and Where You Can Find It
FHC filed a definitive proxy statement with the
The proxy statement and other relevant materials, and any other documents filed by FHC with the
For more information about the
This press release contains forward-looking statements, including those regarding the proposed merger transaction between FHC and APP and the integration of our two businesses. These statements are subject to known and unknown risks, uncertainties and assumptions, and if any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our actual results could differ materially from those expressed or implied by such statements. These risks and uncertainties include but are not limited to: the risk that the proposed transaction may not be completed in a timely manner or at all; the satisfaction of conditions to completing the transaction, including the ability to secure approval by a two-thirds vote of FHC’s shareholders; risks that the proposed transaction could disrupt current plans and operations; costs, fees and expenses related to the proposed transaction; risks related to the development of APP’s product portfolio, including regulatory approvals and time and cost to bring to market; risks relating to the ability of the combined company to obtain sufficient financing on acceptable terms when needed to fund development and company operations; the risk that, even if it is completed, we may not realize the expected benefits from the transaction; and other risks described in FHC’s filings with the
Press Release Kari Sharp