Huntsville, Alabama, USA, 20 November 2006 – Intergraph Corporation, a leading provider of spatial information management (SIM) software, today announced that the stockholders of the Company voted to adopt the merger agreement providing for the acquisition of Intergraph Corporation by an investor group led by Hellman & Friedman LLC and Texas Pacific Group at a special meeting of the stockholders held today at Intergraph’s executive offices in Madison, Alabama.
Based on the preliminary tally of shares voted, approximately 99% of the shares of Intergraph common stock present and voting at the special meeting (in person or by proxy) voted in favor of the proposed merger agreement. The number of shares that voted to adopt the merger agreement represents approximately 73% of the total number of shares of Intergraph common stock outstanding and entitled to vote as of October 11, 2006, the record date for the special meeting.
The proposed merger was announced on August 31, 2006 and is expected to close by the end of November 2006, subject to the satisfaction or waiver of the conditions set forth in the merger agreement. Under the terms of the merger agreement, Intergraph stockholders will receive $44.00 per share in cash, without interest, for each share of Intergraph common stock held.
– About Intergraph
Intergraph Corporation is a provider of spatial information management (SIM) software. Security organizations, businesses and governments in more than 60 countries rely on the company’s spatial technology and services to make better and faster operational decisions.