TransTech Service Partners, Inc. (stock symbol: [t]TTSP[/t]), which raised 41.4 million when it completed its IPO in May 2007, has announced that it has signed a letter of intent to acquire Active Response Group. No other details were provided.
TransTech Services Partners Inc. Executes Letter of Intent to Merge With Active Response Group, Inc.
Thursday November 13, 11:26 am ET
NEW YORK, Nov. 13 /PRNewswire-FirstCall/ -- TransTech Services Partners Inc. (OTC Bulletin Board: TTSPU - News; "TransTech") a special purpose acquisition company, today announced that it has executed a letter of intent with Active Response Group, Inc. ("ARG"), pursuant to which TransTech and ARG will merge, subject to the execution of definitive agreements and the receipt of requisite shareholder approval.
ADDITIONAL INFORMATION
TransTech intends to file with the SEC a preliminary proxy statement in connection with the proposed transaction and the special meeting of TransTech's stockholders that will be held in connection therewith. Stockholders of TransTech and other interested persons are advised to read, when available, TransTech's preliminary proxy statement and definitive proxy statement in connection with the solicitation of proxies for the special meeting because this proxy statement will contain important information. The definitive proxy statement will be mailed to stockholders as of a record date to be established for voting at the special meeting. TransTech stockholders may obtain copies of all documents filed with the Securities and Exchange Commission ("SEC") regarding the transaction, free of charge, at the SEC's website (www.sec.gov) or by directing a request to TransTech by mail at 445, Fifth Avenue, Suite 30H, New York, NY 10016, Attention: CFO. Stockholders and other interested parties may also read TransTech's latest Form 10-K for the fiscal year ended December 31, 2007, for a description of the security holdings of TransTech's officers and directors.
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