Intergraph Stockholders Approve Acquisition
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Intergraph Stockholders Approve Acquisition

Intergraph Corporation (AL, USA) has announced that the stockholders of the company voted to adopt the merger agreement providing for the acquisition of Intergraph Corporation by an investor group led by Hellman & Friedman LLC and Texas Pacific Group.


Based on the preliminary tally of shares voted, approximately 99% of the shares of Intergraph common stock present and voting at the special meeting (in person or by proxy) voted in favour of the proposed merger agreement. The number of shares that voted to adopt the merger agreement represents approximately 73% of the total number of shares of Intergraph common stock outstanding and entitled to vote as of 11th October 2006, the record date for the special meeting.


The proposed merger was announced on 31st August 2006 and is expected to close by the end of November 2006, subject to the satisfaction or waiver of the conditions set forth in the merger agreement. Under the terms of the merger agreement, Intergraph stockholders will receive US$44.00 per share in cash, without interest, for each share of Intergraph common stock held.

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