July 25, 2000 Dear Stockholder: On behalf of the Board of Directors of CareerBuilder, Inc. (the "Company"), I am pleased to inform you that the Company has entered into an Agreement and Plan of Merger, dated as of July 16, 2000 (the "Merger...Merger Agreement • July 25th, 2000 • Careerbuilder Inc • Services-personal services
On behalf of the Board of Directors of CareerBuilder, Inc. (the "Company"), I am pleased to inform you that the Company has entered into an Agreement and Plan of Merger, dated as of July 16, 2000 (the "Merger Agreement"), with Career Holdings, Inc. ("Career Holdings"), a company formed and funded by Tribune Company and KnightRidder.com, Inc., and CB Acquisition Corp. ("Purchaser"), a wholly-owned subsidiary of Career Holdings. Pursuant to the Merger Agreement, Purchaser today has commenced a cash tender offer (the "Offer") for all outstanding shares of common stock of the Company (the "Shares") at a price of $8.00 per Share, net to the seller in cash, without interest.
