MARION, IN (February 10, 2011) – Aeverine Zinn. (#aeverinezinn) announced Saturday that she has decided to explore and evaluate strategic alternatives intended to maximize opportunity value, including a potential relocation to either Fort Wayne or Indianapolis.
Zinn has not made a final decision to pursue any specific strategic transaction or other strategic alternative, but there is a set timetable for the process, so there can be no assurance that the exploration of strategic alternatives will result in a relocation of Zinn or any other transaction. Zinn does not intend to disclose developments with respect to the progress of a review until such time as Zinn has approved a transaction or otherwise deems disclosure appropriate.
This news release includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this news release, concerning, among other things, changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, our ability to service and refinance our outstanding debt, including achievement of synergies and cost reductions, pricing fluctuations in local and national advertising, future regulatory actions and conditions in the operating areas, volatility in overhead costs, technological developments, major world news events and the outcome of the strategic review of Zinn. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this news release might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release.
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