Mpower Sets Special Meeting Date for Approval of Merger Agreement
June 08 2006 - 5:15PM
PR Newswire (US)
ROCHESTER, N.Y., June 8 /PRNewswire-FirstCall/ -- Mpower Holding
Corporation (AMEX:MPE), the parent company of Mpower Communications
Corp., a leading provider of data and voice services to retail and
wholesale business customers, today announced that the Company will
hold a special meeting of stockholders on Wednesday, August 2,
2006, at 10:00 a.m. local time, at The Benjamin Hotel, 125 East
50th Street, New York, New York for the purpose of voting on the
merger agreement among the Company, U.S. TelePacific Holdings Corp.
and TPMC Acquisition Corp. Stockholders of record of the Company as
of the close of business on Monday, July 3, 2006 will be entitled
to vote at the special meeting. The closing of the merger is
subject to stockholder approval at the special meeting and certain
other conditions, including the receipt of applicable approvals
from the Federal Communications Commission and certain state public
utility commissions that regulate the Company's business.
Additional Information and Where to Find It In connection with the
proposed merger, the Company will file a definitive proxy statement
with the Securities and Exchange Commission (the "SEC"). Investors
and security holders are advised to read the definitive proxy
statement when it becomes available, because it will contain
important information. Investors and security holders may obtain a
free copy of the definitive proxy statement (when available) and
other documents filed by the Company at the SEC's web site at
http://www.sec.gov/. The definitive proxy statement and such other
documents may also be obtained for free from the Company by
directing such request to the Company, Attention: Russ Zuckerman,
General Counsel, 175 Sully's Trail, Suite 300, Pittsford, New York
14534, Telephone: 585-218-6567. The Company and its directors,
executive officers and other members of its management and
employees may be deemed to be participants in the solicitation of
proxies from its stockholders in connection with the proposed
merger. Information concerning the interests of the Company's
participants in the solicitation is set forth in the Company's
proxy statements and Annual Reports on Form 10-K, previously filed
with the SEC, and in the proxy statement relating to the merger
when it becomes available. About Mpower Holding Corporation Founded
in 1996, Mpower Holding Corporation is the parent company of Mpower
Communications Corp., a leading facilities-based broadband
communications provider offering a full range of data, telephony,
Internet access and network services for retail business and
wholesale customers in California, Nevada and Illinois. Further
information about the company can be found at
http://www.mpowercom.com/. Forward-Looking Statements Under the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995, certain statements contained in this press release
regarding our and/or management's intentions, hopes, beliefs,
expectations or predictions of the future are forward-looking
statements. These forward- looking statements are not historical
facts and are only estimates or predictions. Actual results may
differ materially from those projected as a result of risks and
uncertainties detailed from time to time in our filings with the
SEC. We undertake no obligation to update publicly any forward-
looking statements, whether as a result of future events, new
information, or otherwise. DATASOURCE: Mpower Holding Corporation
CONTACT: Investors: Gregg Clevenger, Chief Financial Officer,
+1-585-218-6547, , or Media: Michele Sadwick, Vice President,
+1-585-218-6542, , both of Mpower Communications Corporation Web
site: http://www.mpowercom.com/
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