Summary
Altria Group, Inc. (MO) filed a Form 8-K on September 8, 2008, reporting the execution of an Agreement and Plan of Merger with UST Inc. on September 7, 2008. This filing details the intention to acquire UST Inc. through a merger with a wholly-owned subsidiary, Armchair Merger Sub, Inc. The announcement was accompanied by a press release and a conference call for the investment community and news media, the transcript and presentation of which are filed as exhibits to this report. Investors are strongly advised to review UST Inc.'s forthcoming proxy statement and other SEC filings, which will contain critical information regarding this proposed transaction. Altria and UST have also disclosed potential participants in the solicitation of proxies related to the merger, with relevant information available in their prior SEC filings. The SEC filing highlights that UST intends to file a proxy statement on Schedule 14A, and encourages investors to access all related documents through the SEC's website, UST's website, or directly from UST Inc.
Key Highlights
- 1Altria Group, Inc. has entered into a Merger Agreement to acquire UST Inc.
- 2The acquisition will be executed through a merger with Altria's indirect wholly-owned subsidiary, Armchair Merger Sub, Inc.
- 3The Merger Agreement was dated September 7, 2008.
- 4Altria and UST held a conference call on September 8, 2008, to discuss the merger announcement.
- 5The transcript and presentation from the conference call are filed as exhibits to this 8-K.
- 6UST Inc. will file a proxy statement on Schedule 14A with the SEC concerning the merger.
- 7Investors are urged to read UST's proxy statement and other SEC filings for important details about the transaction.