CSC had previously acquired over 90 percent of the outstanding Mynd shares pursuant to a tender offer which expired on December 20, 2000.
As a result of the merger, each Mynd share which was outstanding immediately prior to the merger will be converted into the right to receive $16.00 in cash, without interest. Holders of those shares will shortly be sent the documentation that they must complete and return in order to receive the appropriate merger consideration.
CSC expects that Mynd shares will be suspended from trading on the New York Stock Exchange b efore the start of trading tomorrow.
Computer Sciences Corporation, one of the world’s leading consulting and IT services firms, helps clients in industry and government achieve strategic and operational results through the use of technology. The company’s success is based on its culture of working collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges.
