December 23, 1997 To the Board of Directors of American Paging, Inc.Corporate Office • December 24th, 1997 • Telephone & Data Systems Inc • Radiotelephone communications
As you know, the Board of Directors of Telephone and Data Systems, Inc. ("TDS") has approved an Asset Contribution Agreement, dated December 22, 1997 (the "Asset Contribution Agreement"), among TDS, TSR Paging Inc. ("TSR") and TSR Wireless LLC, a Delaware limited liability company ("TSR Wireless"). In accordance with the terms and conditions of the Asset Contribution Agreement, TDS has proposed to negotiate and enter into a merger agreement with American Paging, Inc., pursuant to which a wholly owned subsidiary of TDS would acquire all of the issued and outstanding Common Shares of API not owned by TDS for cash in an amount equal to $2.25 per share. Under the terms of the Asset Contribution Agreement, TDS is not required to complete a merger which does not have the recommendation of a special committee of independent directors of API. Upon consummation of the merger as contemplated by such merger agreement, in accordance with the terms and conditions of the Asset Contribution Agreement
CORPORATE OFFICECorporate Office • August 4th, 2016 • Ametek Inc/ • Motors & generators
