CHICAGO, Oct. 6 /PRNewswire-FirstCall/ -- Wm. Wrigley Jr. Company
(NYSE: WWY) announced today that it completed its merger transaction with
Mars, Incorporated. As a result, Wrigley will become a subsidiary of
privately held Mars, Incorporated. Under the terms of the agreement, Wrigley
stockholders will be entitled to receive $80.00 in cash, without interest and
less any applicable withholding tax, for each share of Common Stock and Class
B Common Stock. The agreement was announced on April 28, 2008 and
overwhelmingly approved at a special meeting of Wrigley stockholders held on
September 25, 2008.
Wrigley common stock will cease trading on The New York Stock Exchange and
the Chicago Stock Exchange at the close of the market today and will be
delisted.
Holders of Wrigley stock certificates will receive an exchange package --
with instructions concerning how to deliver their shares for payment -- from
the Company's exchange agent, Computershare. Stockholders who hold their
shares in 'street name' will receive information from their banks or brokers,
who will handle the exchange of their shares directly. Wrigley stockholders
with questions can call:
Computershare 1-888-985-2064 (US/Canada/Puerto Rico Toll Free)
1-312-499-7076 (Outside US/Canada/Puerto Rico)
Wrigley Company 1-800-874-0474
Stockholder Relations
About Wrigley
Wm. Wrigley Jr. Company is a recognized leader in confections with a wide
range of product offerings including gum, mints, hard and chewy candies,
lollipops, and chocolate. The Company has global sales of $5.4 billion and
distributes its world-famous brands in more than 180 countries. Three of these
brands - Wrigley's Spearmint(R), Juicy Fruit(R), and Altoids(R) - have
heritages stretching back more than a century. Other well-loved brands include
Doublemint(R), Life Savers(R), Big Red(R), Boomer(R), Pim Pom(R),
Winterfresh(R), Extra(R), Freedent(R), Hubba Bubba(R), Orbit(R), Excel(R),
Creme Savers(R), Eclipse(R), Airwaves(R), Solano(R), Sugus(R), P.K.(R), Cool
Air(R) and 5(TM).
About Mars
Mars, Incorporated is a family-owned company that produces some of the
world's leading confectionery, food and petcare products and has growing
beverage and health & nutrition businesses. Headquartered in McLean, Virginia,
Mars, Incorporated operates in more than 66 countries and employs more than
48,000 associates worldwide. The company's global sales are $22 billion
annually. Founded in 1911, the company manufactures and markets a variety of
products under many of the world's most recognizable trademarks, including
DOVE(R), MILKY WAY(R), M&M'S(R), SNICKERS(R) , MARS(R), UNCLE BEN'S(R) rice,
ROYAL CANIN(R) and PEDIGREE(R) and WHISKAS(R) pet care products.
SOURCE Wm. Wrigley Jr. Company