InfoUSA Completes Acquisition of OneSource

Posted on by Chief Marketer Staff

Omaha, Neb-based infoUSA Inc. has completed its acquisition of OneSource Information Services Inc.

OneSource, Concord, MA, is now a wholly-owned subsidiary of infoUSA, and OneSource shares will no longer be listed on Nasdaq.

At the time of the acquisition, all shares of OneSource common stock not tendered in the earlier tender offer were canceled and converted into the right to receive $8.85 net in cash, without interest, subject to the rights of the holders of the shares to exercise appraisal rights. InfoUSA will contact the remaining OneSource stockholders by mail with information on how to receive payment for their OneSource shares not tendered in the offer, according to the company.

InfoUSA is a provider of business and consumer information products, database marketing services, data processing services and sales and marketing solutions. OneSource integrates content from more than 30 providers, representing 2,500 separate information sources, into one tool for sales, marketing, finance and management consulting professionals.

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