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Article: Greenfield Online Announces Agreement to Be Acquired by Microsoft; Terminates Agreement with Affiliates of Quadrangle.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- September 10, 2008
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Greenfield Online, Inc. (Nasdaq: SRVY) ("Greenfield Online") announced that earlier today it entered into a merger agreement to be acquired by Microsoft Corporation (Nasdaq: MSFT) ("Microsoft"), via a cash tender offer for $17.50 per share in a transaction valued at approximately $486 million. In addition, Greenfield Online announced that immediately prior to entry into the merger agreement with Microsoft it had terminated its previously announced merger agreement with affiliates of Quadrangle Group LLC (together with its affiliates, "Quadrangle") following the expiration of the matching rights granted to Quadrangle under the Quadrangle merger agreement. In connection ...