| infoGROUP Inc responded to an article in the October 31, 2009 edition of the Omaha World-Herald concerning the prospect that the company is for sale. Bill Fairfield, the Company’s CEO, declined to comment specifically on the article, but did say that “we are continually evaluating the operations and prospects for the company to determine what course is best for our shareholders.” Fairfield continued that “as we announced on December 22, 2008, the company’s independent directors retained Evercore Partners as independent financial advisor to assist the company in determining what would be in the best interests of all shareholders, and that process continues.” Roger Siboni, Chairman of the company’s Board of Directors, said that “we have made no decision to sell the company. We have several options before us, which include continuing to operate the Company as an independent organization. Whichever course we follow will be determined by what optimizes value for all our shareholders.” :theflyonthewall.com |
