BETWEENMerger Agreement • May 26th, 2000 • Coinmach Laundry Corp • Misc industrial & commercial machinery & equipment • Delaware
May 26, 2000 Dear Stockholders: We are pleased to inform you that, on May 12, 2000, Coinmach Laundry Corporation ("Coinmach" or the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with CLC Acquisition Corporation (the...Merger Agreement • May 26th, 2000 • Coinmach Laundry Corp • Misc industrial & commercial machinery & equipment
We are pleased to inform you that, on May 12, 2000, Coinmach Laundry Corporation ("Coinmach" or the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with CLC Acquisition Corporation (the "Purchaser"). Pursuant to the Merger Agreement, the Purchaser has today commenced a tender offer (the "Offer") to purchase all of the outstanding shares of Coinmach's Class A Common Stock and Class B Non-Voting Common Stock (the "Shares"), at a price of $14.25 per Share net to the seller in cash (less any required withholding taxes), without interest, subject to the terms and conditions contained in the Offer to Purchase and the related Letter of Transmittal that are included in Purchaser's offering materials. Under the Merger Agreement, and subject to the terms thereof, following the Offer, Purchaser will be merged with and into Coinmach (the "Merger") and all Shares not purchased in the Offer (other than Shares held by Purchaser) will be converted into the right to rec
