Zones Completes Going-Private Transaction
AUBURN, WA--(Marketwire - December 31, 2008) - Zones, Inc. (
Under the terms of the merger agreement for the going-private transaction, which was adopted by Zones' shareholders at a special meeting held on December 19, 2008, Zones shareholders (other than Mr. Lalji, certain of his related parties and dissenting shareholders) are entitled to receive $7.00 in cash, without interest and less any applicable withholding taxes, for each share of common stock they owned immediately prior to the effective time of the merger. Zones common stock will be delisted from the NASDAQ Global Market.
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