PLAINVIEW, N.Y.–(BUSINESS WIRE)–Coinmach Service Corp. (“Coinmach”) (Amex: “DRY”, “DRA”), a arch supplier of outsourced laundry accessories casework for multi-family apartment backdrop in North America, today appear that it has accustomed a almanac date and affair date for the appropriate affair of stockholders to accede and vote aloft the acceptance and approval of the Acceding and Plan of Alliance (the “Merger Agreement”), anachronous June 14, 2007, by and amid Coinmach, Spin Holdco Inc. and Spin Acquisition Co., a wholly-owned accessory of Spin Holdco, pursuant to which Spin Acquisition Co. will absorb with and into Coinmach, with Coinmach actuality the absolute corporation.
The appropriate affair will be captivated on Friday, November 9, 2007, starting at 10:00 a.m., Eastern Time, at the Holiday Inn, 215 Sunnyside Boulevard, Plainview, New York 11803. The almanac date for free the stockholders of Coinmach advantaged to apprehension of, to vote at, and to appear the appropriate affair is the abutting of business on Friday, October 12, 2007. Coinmach filed its absolute proxy account on Thursday, October 18, 2007 and mailed such absolute proxy account to Coinmach’s stockholders today.
GTCR-CLC, LLC, Coinmach Holdings, LLC, assertive associates of Coinmach’s chief administration and one of Coinmach’s non-management directors, who collectively own about 61.7% of the voting adeptness of the outstanding shares of Coinmach’s accepted banal advantaged to vote on the acceptance of the Alliance Agreement, accept entered into a voting acceding with Spin Holdco, pursuant to which they accept agreed to vote in favor of the acceptance and approval of the Alliance Agreement, unless such voting acceding is concluded in accordance with its terms.
Coinmach, through its operating subsidiaries, is a arch supplier of outsourced laundry accessories casework for multi-family apartment backdrop in North America. Coinmach’s amount business involves leasing laundry apartment from architecture owners and acreage administration companies, installing and application laundry accessories and accession revenues generated from laundry machines.
For added advice about Coinmach Service Corp. amuse see our website: www.coinmachservicecorp.com.
Added Advice and Where to Find It
In affiliation with the proposed merger, Coinmach has filed a absolute Proxy Account with the Securities and Exchange Commission and such absolute Proxy Account is actuality mailed to the stockholders of Coinmach. BEFORE MAKING ANY VOTING DECISION, COINMACH’S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT REGARDING THE MERGER CAREFULLY AND IN ITS ENTIRETY BECAUSE IT CONTAINS IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. Coinmach’s stockholders will be able to obtain, after charge, a archetype of the Proxy Account and added accordant abstracts filed with the Securities and Exchange Commission from the Securities and Exchange Commission’s website at http://www.sec.gov. Coinmach’s stockholders will additionally be able to obtain, after charge, a archetype of the Proxy Account and added accordant abstracts via Coinmach’s broker relations website at: http://ir.coinmachservicecorp.com/phoenix.zhtml?c=186647&p=irol-sec.
Participants in Address
Coinmach and its directors, controlling admiral and assertive added associates of its administration and advisers may be accounted to be participants in the address of proxies from its stockholders in affiliation with the merger. Advice apropos the interests of such admiral and controlling admiral was included in Coinmach’s proxy account for its 2006 Annual Affair of Stockholders filed with the Securities and Exchange Commission on July 3, 2006, and Coinmach’s proxy account for the alliance filed with the Securities and Exchange Commission on October 18, 2007 (see aloft for admonition on how to access this proxy account and added accordant information).
Statements in this columnist absolution that are not statements of absolute or accepted actuality aggregate “forward-looking statements.” Such advanced statements are based aloft accepted behavior and expectations and are accountable to cogent risks and uncertainties. Such advanced statements absorb accepted and alien risks, uncertainties and added alien factors that could account the absolute after-effects of Coinmach to be materially altered from the absolute after-effects or from any approaching after-effects bidding or adumbrated by such advanced statements. In accession to statements which absolutely call such risks and uncertainties, readers are apprenticed to accede statements labeled with the agreement “will,” “believes,” “belief,” “expects,” “intends,” “anticipates”, “plans” or agnate agreement to be ambiguous and forward-looking. The advanced statements independent herein are additionally accountable about to added risks and uncertainties that are declared from time to time in Coinmach’s filings with the Securities and Exchange Commission. The afterward factors, amid others, could account absolute after-effects to alter from those set alternating in the advanced statements: the adeptness to access authoritative approvals of the transaction on the proposed agreement and schedule; the abortion of Coinmach’s stockholders to accept the transaction; the abortion of Spin Holdco and Spin Acquisition to access the all-important costs to complete the merger; disruption from the transaction authoritative it added difficult to advance relationships with customers, advisers or suppliers; acknowledged achievement of the merger; and such added added factors that could account Coinmach’s after-effects to alter materially from those declared in the advanced statements set alternating in Coinmach’s Annual Report on Form 10-K filed with the Securities and Exchange Commission and accessible at the Securities and Exchange Commission’s Internet armpit at http://www.sec.gov.
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