ReachLocal, Inc. 21700 Oxnard Street, Suite 1600 Woodland Hills, CA 91367ReachLocal Inc • July 14th, 2016 • Services-advertising agencies
We are pleased to inform you that, on June 27, 2016, ReachLocal, Inc. (“ReachLocal”) entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Gannett Co., Inc. (“Parent”) and Raptor Merger Sub, Inc., a wholly owned subsidiary of Parent (“Purchaser”). In accordance with the Merger Agreement, Purchaser has commenced on July 11, 2016 a tender offer (the “Offer”) to purchase all of the outstanding shares of our common stock, par value $0.00001 per share (the “Company Shares”), other than any Company Shares held by Parent or Purchaser, at a price per Company Share of $4.60, net to the holder thereof in cash, without interest (the “Offer Price”) and subject to any withholding of taxes required by applicable law.
