Business Services Industry

Shareholders of EMJ Data Systems Approve Amalgamation with SYNNEX Canada Acquisition Limited

Business Wire, Nov 19, 2004

GUELPH, Ontario -- EMJ Data Systems Ltd. (TSX:EMJ) announced today that at the annual and special meeting of shareholders held on November 17, 2004, its shareholders approved, among other things, a subsequent acquisition transaction involving an amalgamation of EMJ and SYNNEX Canada Acquisition Limited ("SYNNEX Acquisition").

Subject to the satisfaction of the conditions contained in the Amalgamation Agreement between EMJ and SYNNEX Acquisition and the filing of articles of amalgamation, the amalgamation is expected to occur on December 1, 2004.

Pursuant to the amalgamation, SYNNEX Canada Limited will become the sole holder of EMJ common shares and the holders of EMJ common shares that were not acquired by SYNNEX Acquisition on September 18, 2004 under its Offer dated August 9, 2004 will receive Cdn. $6.60 per common share in cash, the same price per share paid under the Offer.

About EMJ Data Systems Ltd.:

EMJ Data Systems Ltd., headquartered in Guelph, Ontario, is a Canadian, publicly owned distributor of computer products and peripherals. EMJ specializes in niche market products for Apple, Bar Coding/Auto -ID/Point-of-Sale, Build-To-Order, Digital Video, Networking and Security applications. EMJ has Canadian branch offices in Vancouver, Calgary, Winnipeg, Montreal, and Halifax, as well as one office in the United States. EMJ's common shares are traded on the Toronto Stock Exchange (TSX) under the symbol EMJ. For more information about EMJ, visit www.emj.ca.

EMJ Data Systems Ltd. (TSX:EMJ)

COPYRIGHT 2004 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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