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American Reprographics Company Plans Offering of Common Stock by Certain Selling Stockholders
5th March, 2007
American Reprographics Company (NYSE: ARP) announced today that certain selling stockholders plan to offer 5,666,195 shares of common stock in an underwritten public offering. In connection with the offering, certain selling stockholders granted the underwriters an option for a period of 30 days to purchase up to 849,428 additional shares of common stock to cover over-allotments. The Company will not receive any of the proceeds from the sale of shares by the selling stockholders.
JPMorgan and Goldman, Sachs & Co. are acting as joint bookrunners for the offering, and Robert W. Baird & Co., CIBC World Markets, William Blair & Company, and Credit Suisse are acting as co-managers.
A shelf registration statement relating to the shares in this offering has been filed with the Securities and Exchange Commission.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the offered shares, and none of these shares may be sold in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About American Reprographics Company
American Reprographics Company is the leading reprographics company in the United States providing business-to-business document management services to the architectural, engineering and construction, or AEC industries. The Company also provides these services to companies in non-AEC industries, such as technology, financial services, retail, entertainment, and food and hospitality, which also require sophisticated document management services. American Reprographics Company provides its core services through its suite of reprographics technology products, a network of more than 230 locally-branded reprographics service centers across the U.S., and on-site at their customers' locations. The Company's service centers are arranged in a hub and satellite structure and are digitally connected as a cohesive network, allowing the provision of services both locally and nationally to their customers.
Release link:
http://www.e-arc.com/
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Reprographics - American Reprographics Company - Reprographics Technology - Planwell - Premier Accounts - Planwell Pds - Bidcaster - Metaprint - Planwell Enterprise - Planwell Professional
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