BRC HOLDINGS, INC. 1111 W. MOCKINGBIRD LAND, SUITE 1400 DALLAS, TEXAS 75247-5014 November 16, 1998 Dear Fellow Stockholders: As you know, on October 19, 1998, BRC Holdings, Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger...BRC Holdings Inc • December 2nd, 1998 • Services-computer programming, data processing, etc.
BRC HOLDINGS, INC. 1111 W. MOCKINGBIRD LANE, SUITE 1400 DALLAS, TEXAS 75247-5014BRC Holdings Inc • December 2nd, 1998 • Services-computer programming, data processing, etc.
As you know, on October 19, 1998, BRC Holdings, Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Affiliated Computer Services, Inc. ("ACS") and ACS Acquisition Corporation, a wholly owned subsidiary of ACS ("Purchaser"). Pursuant to the Merger Agreement, the Purchaser has commenced a tender offer (the "Offer") to purchase 8,704,238 shares (the "Shares") of the Company's common stock, par value $0.10 per share (the "Common Stock"), which is approximately 51%, on a fully diluted basis, of the outstanding shares of Common Stock, for a price of $19.00 per Share, net to the seller in cash without interest. The Offer has been extended by the Purchaser and is now scheduled to close on December 14, 1998. The Offer, and a contemplated merger of the Purchaser with and into the Company, are more particularly described in the Offer to Purchase, dated October 23, 1998, of Purchaser and ACS and the related Schedule 14D-9, as amended, of the Company. On
November 30, 1998 BRC Holdings, Inc. 1111 W. Mockingbird Lane Suite 1400 Dallas, Texas 75247 Attention: Thomas A. Kiraly Re: Extension of the Offer Ladies and Gentlemen: Affiliated Computer Services, Inc. ("Parent") and ACS Acquisition Corporation...BRC Holdings Inc • December 2nd, 1998 • Services-computer programming, data processing, etc.
