Costa Inc. Announces Record Date for Special Meeting in Connection With Merger
December 13 2013 - 8:45AM
Costa Inc. (Nasdaq:ATX) today announced that it
has established the close of business on December 17, 2013 as the
record date for its special meeting of shareholders to consider and
vote on, among other things, the merger of GWH Acquisition Sub Inc.
("Merger Sub"), an indirect wholly-owned subsidiary of Essilor
International SA ("Essilor"), with and into Costa Inc., and the
other transactions contemplated by the previously announced merger
agreement, dated as of November 7, 2013, among Costa Inc., Essilor
and Merger Sub.
Costa expects to establish the special meeting date and file
with the Securities and Exchange Commission (the "SEC") definitive
proxy materials related to the proposed merger as soon as
reasonably practicable.
Completion of the merger remains subject to approval by Costa's
shareholders and satisfaction or waiver of certain other
conditions.
About Costa Inc.
Costa Inc. owns and manages the Costa and Native Eyewear brands.
Known best for its premium sport sunglasses tailored to those
sports enthusiasts who play on the water, the Costa Brand is
rapidly expanding into prescription sunglasses and sports apparel.
Likewise, the Native Eyewear brand is becoming the brand of choice
for mountain locals and those who aspire to the mountain way of
life. Costa Inc. is the successor company of A.T. Cross. For more
information, visit the Costa Inc. website at
www.costabrands.com.
Additional Information and Where to Find It
This communication does not constitute a solicitation of any
vote or approval. In connection with the proposed transaction,
Costa Inc. filed a preliminary proxy statement with the SEC on
December 6, 2013, and will file with the SEC and mail or otherwise
provide to its shareholders other relevant materials (including a
definitive proxy statement). BEFORE MAKING ANY VOTING DECISION,
COSTA'S SHAREHOLDERS ARE URGED TO READ THE DEFINITIVE PROXY
STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER
DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED
MERGER. Investors and shareholders may obtain a free copy of the
proxy statement and other documents that Costa Inc. files with the
SEC (when available) from the SEC's website at www.sec.gov and
Costa Inc.'s website at www.costabrands.com. In addition, the proxy
statement and other documents filed by Costa Inc. with the SEC
(when available) may be obtained from Costa free of charge by
directing a request to Costa Inc., Attn: Corporate Secretary, 24
Albion Road, Suite 330, Lincoln, Rhode Island, (401) 335-3925.
Participants in Solicitation
Costa Inc. and its directors and executive officers and certain
other members of management may be deemed, under SEC rules, to be
participants in the solicitation of proxies in connection with the
proposed merger. Information concerning such participants is set
forth in the proxy statement for Costa Inc.'s 2013 annual meeting
of shareholders, which was filed with the SEC on Schedule 14A on
March 27, 2013. Additional information regarding the interests of
such participants in the solicitation of proxies in connection with
the proposed merger will be included in the proxy statement to be
filed by Costa Inc. with the SEC. Costa Inc.'s press releases and
other information about Costa Inc. are available at Costa Inc.'s
website at www.costabrands.com.
Forward-Looking Statements
Statements in this press release that are not statements of
historical fact or that express our confidence, expectations,
objectives, intentions, plans, or strategies or that are about the
merger, or otherwise anticipate the future, are forward-looking
statements. These forward-looking statements are not guarantees of
future performance, and they are subject to risks and uncertainties
that could cause actual results to differ materially from those
contemplated by the forward-looking statements. Forward-looking
statements contained in this press release speak only as of the
date hereof. We undertake no obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.
CONTACT: Company Contact:
Kevin F. Mahoney
Senior Vice President, Finance and
Chief Financial Officer
401-335-3918
Investor Relations:
Dave Mossberg
Three Part Advisors, LLC
817-310-0051
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