Services Acquisition Corp. International Sets Shareholder Meeting Date and Announces Mailing of Proxies to Shareholders of Recor
2006年11月9日 - 2:53AM
ビジネスワイヤ(英語)
Services Acquisition Corp. International (AMEX:SVI; AMEX:SVI.U;
AMEX:SVI.WT; "SACI") has announced a shareholder meeting to vote on
the proposed merger between SACI and Jamba Juice Company to be held
on November 28, 2006 at 10:00 a.m. at the offices of its counsel,
Mintz Levin. Proxy materials are being mailed to shareholders who
were holders of record as of October 24, 2006. In order to
facilitate the time needed for proxy distribution and shareholder
notice, as well as to consummate the acquisition if shareholder
approval is received, SACI and Jamba Juice Company jointly
announced that they have extended the date upon which either party
may terminate the merger agreement between them to December 8,
2006, from November 17, 2006. Investors in its private placement
financings have also approved extending their commitment date to
December 8, 2006 from November 17, 2006. Steve Berrard and Paul
Clayton, the Chief Executive Officers of SACI and Jamba Juice
Company, respectively, jointly commented that, �We have worked very
hard to complete this transaction and now, more than ever, are very
excited about the potential and opportunities for the combined
company. We look forward to building a great company and brand."
About SACI SACI is a blank check company that was formed for the
specific purpose of consummating a business combination. SVI raised
net proceeds of approximately $127 million through its initial
public offering consummated in July 2005 and prior to the merger
agreement with Jamba Juice Company had dedicated its time to
seeking and evaluating business combination opportunities. The
management of SACI includes former executives from organizations
such as Blockbuster Entertainment Group, AutoNation and Boca
Resorts. About Jamba Juice Company Jamba Juice Company is the
category-defining leader in healthy blended beverages, juices, and
good-for-you snacks. Founded in 1990 in California, today Jamba
Juice Company has more than 565 company and franchised stores in 23
states nationwide with 9,000 employees. For the nearest location or
a complete menu including new All Fruit Smoothies, please call:
1-866-4R-FRUIT or visit the website at http://www.jambajuice.com
Forward-looking Statements This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, about SACI, Jamba Juice
Company and the proposed merger. Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, based upon the current beliefs and expectations of
SACI's and Jamba Juice Company's management, are subject to risks
and uncertainties, which could cause actual results to differ from
the forward looking statements. The following factors, among
others, could cause actual results to differ from those set forth
in the forward-looking statements: the failure of SACI's
stockholders to approve the plan and agreement of merger and the
transactions contemplated thereby; the number and percentage of
SACI stockholders voting against the proposed merger; changing
interpretations of generally accepted accounting principles;
continued compliance with government regulations; legislation or
regulatory environments, requirements or changes adversely
affecting the businesses in which Jamba Juice Company is engaged;
demand for the products and services that Jamba Juice Company
provides, general economic conditions; geopolitical events and
regulatory changes, as well as other relevant risks detailed in
SACI's filings with the Securities and Exchange Commission. The
information set forth herein should be read in light of such risks.
Neither SACI nor Jamba Juice Company assumes any obligation to
update the information contained in this press release. Additional
Information and Where to Find It In connection with the proposed
merger and related proposals that will be voted on at the Special
Meeting, SACI has filed a definitive proxy statement, dated
November 8, 2006, with the Securities and Exchange Commission which
has been mailed to the stockholders of SACI who were stockholders
as of the Record Date, October 24, 2006. SACI's stockholders are
urged to read the proxy statement and other relevant materials as
they become available as they will contain important information
about the merger with Jamba Juice Company and the related
proposals. SACI stockholders will be able to obtain a free copy of
such filings at the Securities and Exchange Commission's internet
site (http://www.sec.gov). Copies of such filings can also be
obtained, without charge, by directing a request to SACI, 401 East
Las Olas Boulevard, Suite 1140, Fort Lauderdale, Florida 33301.
SACI and its officers and directors may be deemed to have
participated in the solicitation of proxies from SACI's
stockholders in favor of the approval of the merger and related
private placement financing. Information concerning SACI's
directors and executive officers is set forth in the publicly filed
documents of SACI. Stockholders may obtain more detailed
information regarding the direct and indirect interests of SACI and
its directors and executive officers in the acquisition and related
private placement financing by reading the definitive proxy
statement regarding the merger and private placement financing
filed with the SEC on November 8, 2006. Services Acquisition Corp.
International (AMEX:SVI; AMEX:SVI.U; AMEX:SVI.WT; "SACI") has
announced a shareholder meeting to vote on the proposed merger
between SACI and Jamba Juice Company to be held on November 28,
2006 at 10:00 a.m. at the offices of its counsel, Mintz Levin.
Proxy materials are being mailed to shareholders who were holders
of record as of October 24, 2006. In order to facilitate the time
needed for proxy distribution and shareholder notice, as well as to
consummate the acquisition if shareholder approval is received,
SACI and Jamba Juice Company jointly announced that they have
extended the date upon which either party may terminate the merger
agreement between them to December 8, 2006, from November 17, 2006.
Investors in its private placement financings have also approved
extending their commitment date to December 8, 2006 from November
17, 2006. Steve Berrard and Paul Clayton, the Chief Executive
Officers of SACI and Jamba Juice Company, respectively, jointly
commented that, "We have worked very hard to complete this
transaction and now, more than ever, are very excited about the
potential and opportunities for the combined company. We look
forward to building a great company and brand." About SACI SACI is
a blank check company that was formed for the specific purpose of
consummating a business combination. SVI raised net proceeds of
approximately $127 million through its initial public offering
consummated in July 2005 and prior to the merger agreement with
Jamba Juice Company had dedicated its time to seeking and
evaluating business combination opportunities. The management of
SACI includes former executives from organizations such as
Blockbuster Entertainment Group, AutoNation and Boca Resorts. About
Jamba Juice Company Jamba Juice Company is the category-defining
leader in healthy blended beverages, juices, and good-for-you
snacks. Founded in 1990 in California, today Jamba Juice Company
has more than 565 company and franchised stores in 23 states
nationwide with 9,000 employees. For the nearest location or a
complete menu including new All Fruit Smoothies, please call:
1-866-4R-FRUIT or visit the website at http://www.jambajuice.com
Forward-looking Statements This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, about SACI, Jamba Juice
Company and the proposed merger. Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, based upon the current beliefs and expectations of
SACI's and Jamba Juice Company's management, are subject to risks
and uncertainties, which could cause actual results to differ from
the forward looking statements. The following factors, among
others, could cause actual results to differ from those set forth
in the forward-looking statements: the failure of SACI's
stockholders to approve the plan and agreement of merger and the
transactions contemplated thereby; the number and percentage of
SACI stockholders voting against the proposed merger; changing
interpretations of generally accepted accounting principles;
continued compliance with government regulations; legislation or
regulatory environments, requirements or changes adversely
affecting the businesses in which Jamba Juice Company is engaged;
demand for the products and services that Jamba Juice Company
provides, general economic conditions; geopolitical events and
regulatory changes, as well as other relevant risks detailed in
SACI's filings with the Securities and Exchange Commission. The
information set forth herein should be read in light of such risks.
Neither SACI nor Jamba Juice Company assumes any obligation to
update the information contained in this press release. Additional
Information and Where to Find It In connection with the proposed
merger and related proposals that will be voted on at the Special
Meeting, SACI has filed a definitive proxy statement, dated
November 8, 2006, with the Securities and Exchange Commission which
has been mailed to the stockholders of SACI who were stockholders
as of the Record Date, October 24, 2006. SACI's stockholders are
urged to read the proxy statement and other relevant materials as
they become available as they will contain important information
about the merger with Jamba Juice Company and the related
proposals. SACI stockholders will be able to obtain a free copy of
such filings at the Securities and Exchange Commission's internet
site (http://www.sec.gov). Copies of such filings can also be
obtained, without charge, by directing a request to SACI, 401 East
Las Olas Boulevard, Suite 1140, Fort Lauderdale, Florida 33301.
SACI and its officers and directors may be deemed to have
participated in the solicitation of proxies from SACI's
stockholders in favor of the approval of the merger and related
private placement financing. Information concerning SACI's
directors and executive officers is set forth in the publicly filed
documents of SACI. Stockholders may obtain more detailed
information regarding the direct and indirect interests of SACI and
its directors and executive officers in the acquisition and related
private placement financing by reading the definitive proxy
statement regarding the merger and private placement financing
filed with the SEC on November 8, 2006.
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