Hoover's Stockholders Approve Merger With D&B

Mar 04, 2003

Hoover's Inc. has announced that at its Special Meeting held March 3, stockholders approved the merger of Hoover's with D&B.  A preliminary count by the Inspectors of Election indicated that 76.7% of the shares voted at the meeting--or 64.4% of the shares outstanding--were voted in favor of the merger. Under the terms of the merger, each Hoover's stockholder will receive $7 cash for every share of Hoover's common stock held. Other details have yet to be released.