Ablest Inc. Announces Shareholder Approval of Merger
June 07 2007 - 5:12PM
PR Newswire (US)
TAMPA, Fla., June 7 /PRNewswire/ -- Ablest Inc. (AMEX:AIH)
announced today that its stockholders, voting at a special meeting
today, have approved Ablest's previously announced merger with
Select Acquisition, Inc., an entity wholly-owned by Koosharem
Corporation. Koosharem is the holding company of SelectRemedy,
which has approximately 280 professional staffing offices
throughout North America, focused on delivering human capital
workforce solutions in various business sectors. The Merger is
expected to close promptly. Upon the close of the Merger, Ablest
will no longer file periodic reports with the Securities and
Exchange Commission and shares of the Company's common stock will
no longer trade on the American Stock Exchange. Forward-Looking
Statements This document includes statements that do not directly
or exclusively relate to historical facts. Such statements are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements include
statements regarding the completion of the transaction. These
statements are based on the current expectations of management of
Ablest Inc.. There are a number of risks and uncertainties that
could cause actual results to differ materially from the
forward-looking statements included in this document. For example,
among other things, conditions to the closing of the transaction
may not be satisfied. Additional factors that may affect the future
results of Ablest Inc. are set forth in its filings with the
Securities and Exchange Commission ("SEC"), which are available at
http://www.sec.gov/. Unless required by law, Ablest Inc. undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. DATASOURCE: Ablest Inc. CONTACT: John Horan, Vice
President and Chief Financial Officer of Ablest Inc.,
+1-813-830-7700 or
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