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1. adri67 1 maart 2008 19:39

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   • adri67

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   Covad Stockholders Approve Proposed Acquisition
   Friday February 29, 4:15 pm ET
   
   SAN JOSE, Calif.--(BUSINESS WIRE)--Covad Communications Group, Inc. (AMEX:DVW - News) announced the results of its Special Meeting of Stockholders held today in Santa Clara, California. At the meeting, holders of a majority of the company’s outstanding shares approved the agreement and plan of merger providing for Covad’s acquisition by an affiliate of Platinum Equity, as required by applicable law.
   
   The acquisition remains subject to the satisfaction of customary closing conditions, including approval of the Federal Communications Commission and state public utility commissions in many of the states in which Covad operates. Covad confirmed that the required FCC and state commission filings have been completed and that it is awaiting approval from the FCC and two remaining state commissions. While Covad cannot predict with certainty the timing of these approvals, it currently expects them within the next 30 to 60 days. Under the terms of the merger agreement, an affiliate of Platinum Equity will acquire all outstanding shares of Covad for $1.02 per share in cash.
   
2. adri67 27 maart 2008 17:14

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   • adri67

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   Covad Announces Regulatory Approval for Proposed Acquisition
   Wednesday March 26, 9:00 am ET
   
   SAN JOSE, Calif.--(BUSINESS WIRE)--Covad Communications Group Inc., (AMEX:DVW - News), a leading national provider of integrated voice and data communications, announced today that it has obtained all of the required regulatory approvals for the proposed acquisition of Covad by an affiliate of Platinum Equity. The approvals were provided by the Federal Communications Commission and a number of state public utility commissions.
   
   At a Special Meeting of Stockholders, held February 29, 2008, holders of a majority of the company’s outstanding shares approved the agreement and plan of merger pursuant to which an affiliate of Platinum Equity will acquire all outstanding shares of Covad for $1.02 per share in cash.
   
   The parties expect to close the transaction on April 15, 2008