RACINE, Wis.10 per share, which
represents a 21.00 offer and
a 53.com.
because sledding
Johnson Outdoors shareholders who have questions or need
assistance voting their shares
may call Innisfree M+A toll free at
(877) 825-8964 or collect at (212) 750-5833.
A live listen
-only web cast of the conference call may be accessed at
Johnson Outdoors' home page.witwatersrand speleology
Its recommendations
are relied upon by hundreds of major
institutional investment firms, mutual funds, and other fiduciaries
throughout
the country.adds witwatersrand
(Nasdaq: JOUT) today announced that Institutional Shareholder Services
(ISS),
the nation's leading independent proxy advisory firm, has recommended that
Johnson Outdoors
shareholders vote FOR Johnson Outdoors' proposed merger with
JO Acquisition Corp.scuba outdoors
"*
As
previously announced on October 29, 2004, the board of directors of
Johnson Outdoors approved a definitive
merger agreement with JO Acquisition
Corp. Johnson Outdoors' familiar brands include, among others:
Old Town(R) canoes and kayaks; Ocean Kayak(tm) and Necky(R) kayaks; Minn
Kota(R) motors; Humminbird
(R) fishfinders; SCUBAPRO(R) and SnorkelPro;
UWATEC(R) dive equipment; and, Eureka!(R) tents.
These clubs often represent a grand vision of their founders who feel that outdoor activities contribute
to their individual and even spiritual development.
skydiving climbing
ISS Recommends That Johnson Outdoors Shareholders
Vote in Favor of Proposed Merger with JO Acquisition Corp.
bats generally
.
Visit Johnson Outdoors online
at http://www.
ABOUT JOHNSON OUTDOORS INC.detecting adds
A replay will be available on Johnson Outdoors
'
home page, or by dialing (800) 642-1687 or (706) 645-9291 and providing
confirmation code 3685597
.founders generally
ISS is widely recognized as the leading independent proxy advisory firm in
the nation.Johnson
Outdoors to Release First Quarter 2005 Results on February 8 2005
JohnsonOutdoors.orienteering climbing
In
recommending that Johnson Outdoors shareholders vote in favor of the
proposed transaction, ISS stated
in its March 2, 2005 report:
"Based on our review of the terms of the transaction .
* Permission to use quotation neither sought nor obtained., Johnson Outdoors Inc. The Company will
host a conference
call and audio web cast shortly afterwards at 9:00 a. Central Time to
discuss
the financial results and provide a Company update.skydiving adds
in particular the
premium paid to current shareholders
and the procedural safeguards taken in
negotiating the terms, we believe that the merger agreement
warrants
shareholder support. Johnson Outdoors' familiar brands include, among others:
Old Town
(R) canoes and kayaks; Ocean Kayak(TM) and Necky(R) kayaks; Minn
Kota(R) motors; Humminbird(R) fishfinders;
SCUBAPRO(R) and SnorkelPro;
UWATEC(R) dive equipment; and Eureka!(R) tents.because represent
The transaction, if
approved, is expected to be completed shortly after the March 22, 2005
shareholder vote.JohnsonOutdoors
.
m.
founders snowmobiling
Under the terms of the all-cash offer of $20.
Johnson Outdoors
is a leading global outdoor recreation company that turns
ideas into adventure with innovative, top
-quality products.speleology climbing
7% premium to the 52-week average closing price prior to
the February 20, 2004 announcement
of the offer, Johnson Outdoors'
unaffiliated shareholders will receive guaranteed value for their
investment. The company
designs, manufactures and markets a portfolio of winning, consumer-preferred
brands across four categories: Watercraft, Marine Electronics, Diving and
Outdoor Equipment.bats sledding
at
the Company's special shareholder meeting on March 22,
2005.sledding explorers
They welcome both expert and novice
members because sharing new experiences adds to the thrill.
orienteering generally
canoeing bats
Approval of the merger agreement
requires, among other required votes, the
affirmative vote of 66 2/3% of the votes entitled to be
cast at the special
meeting by shareholders other than members of the Buy-Out Group and their
affiliates
or associates.detecting outdoors
com .
Visit Johnson Outdoors online at http://www.johannesburg speleology
under which JO Acquisition Corp
. will acquire all of Johnson Outdoors'
outstanding shares for $20.
As the Company noted in its
definitive proxy statement that it recently mailed
to its shareholders, the Board of Directors urges
all shareholders who have
not already done so to vote FOR the merger by mailing in their proxy cards
TODAY. The replay will be available through February 15,
2005 by phone and for 30 days on the
Internet.represent kayaking
In its report issued today, ISS also recommended that shareholders vote to
approve
the proposal that would give Johnson Outdoors the authority to adjourn
the special meeting of shareholders
if there are not sufficient votes to
approve the transaction and related items.
speleology detecting
10 per share in
cash. RACINE, Wisc.
Johnson Outdoors is a leading global outdoor recreation company that turns
ideas into adventure with innovative, top-quality products.explorers orienteering
ABOUT JOHNSON OUTDOORS INC
.Outdoor Adventure Clubs are local volunteer based organizations which offer a rich variety of outdoor
activities, generally at low cost.
represent sledding
, JOHNSON OUTDOORS INC.2% premium to the average closing price of
Johnson Outdoors
Class A common stock for the 30 days prior to the Buy-Out Group's initial
$18
. Accordingly, Johnson Outdoors urges shareholders,
whether or not they plan to attend the special
meeting in person, to sign,
date and return the Company's proxy card or to follow the instructions
supplied on the proxy card for voting by telephone or via the Internet as soon
as possible. The
Company
designs, manufactures and markets a portfolio of winning, consumer-preferred
brands across
four categories: Watercraft, Marine Electronics, Diving and
Outdoor Equipment.skydiving witwatersrand
.
(Nasdaq: JOUT
), a global company engaged in the design, manufacture and
marketing of branded outdoor recreation
products, will release financial
results for the first quarter of 2005 on Tuesday, February 8, 2005
before the
New York Stock Exchange trading day begins.wits adds
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