|
PURINA MILLS NEWS |
|
|
PURINA MILLS STOCKHOLDERS APPROVE MERGER St.
Louis, MO--September 5, 2001--Purina Mills, LLC (Nasdaq: PMIL) announced
today that its stockholders have approved Purina Mills proposed merger
with a subsidiary of Land O’Lakes. The stockholders vote was
conducted at a special meeting of Purina Mills’ stockholders held at
Purina Mills’ headquarters earlier today. The merger received the
favorable votes of approximately 67% of the total shares outstanding,
which exceeded the majority of outstanding shares required to approve the
transaction, and represented in excess of 99% of the total votes cast in
regard to the merger proposal. Purina Mills anticipates that the
merger will close when Land O’Lakes financing arrangements are finalized,
which is expected by the end of September. Statements in this release which are not statements of current or historical fact are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this release include statements regarding Purina Mills expectations about the closing of the Land O’Lakes merger. It is important to understand that actual outcomes and results could differ materially from those in such forward-looking statements. Factors that could cause our actual outcome or results to differ materially include the occurrence of any event that results in the failure of a condition to the Land O’Lakes merger. You should refer to the risk disclosures outlined in Purina Mills’ Proxy Statement, dated August 2, 2001, under the heading Forward Looking Statements for additional information concerning risks that could cause the merger not to close or our actual outcomes or results to otherwise differ from the forward-looking information contained in this release. |
|
| © 2001 Purina Mills, LLC All Rights
Reserved. |