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Reader’s Digest sets date for merger vote

December
20

The Reader’s Digest Association Inc. has announced shareholders will vote in February on the publisher’s merger with Ripplewood Holdings LLC, announced last month. Shareholders on record as of Dec. 21 will receive notice of the special meeting and be entitled to vote on the proposal.

The special meeting will be held at 11 a.m., Friday, Feb. 2 at Reader’s Digest DeWitt Wallace Auditorium on Reader’s Digest Road in Chappaqua. The parties expect the deal to close in February pending the outcome of the shareholder vote and other conditions, including antitrust clearance.

This entry was posted on Wednesday, December 20th, 2006 at 11:17 am by David Schepp.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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