ISS Recommends Shareholders Vote 'For' Proposed Merger of Nuveen Investments (JNC) and Madison Dearborn Partners
Nuveen Investments, Inc. (NYSE: JNC) announced that Institutional Shareholder Services (ISS), a leading independent proxy advisory firm, has recommended that JNC stockholders vote "FOR" the proposed merger agreement providing for the acquisition of Nuveen Investments by private equity investors led by Madison Dearborn Partners, LLC.
The Nuveen Investments Board of Directors has approved the merger agreement and recommends its approval by JNC stockholders. Subject to the satisfaction of certain conditions, including stockholder approval, Nuveen Investments expects the transaction to close in the fourth quarter of 2007.
The Nuveen Investments Board of Directors has approved the merger agreement and recommends its approval by JNC stockholders. Subject to the satisfaction of certain conditions, including stockholder approval, Nuveen Investments expects the transaction to close in the fourth quarter of 2007.
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