Infogroup shareholders approve CCMP acquisition
Both Infogroup and CCMP declined comment until the deal is completed.
Infogroup's board last month urged shareholders to vote in favor of the acquisition, sending proxy materials detailing its support for the deal to key stockholders.
“We think this is a huge opportunity to generate an attractive ROI,” Richard Zannino, managing director of CCMP, told DMNews when the deal was announced in March. “There are certain fix-up aspects and transformational aspects to the deal. We will continue to transform the company from a traditional database company into a direct marketing services provider.”
InfoGroup recently made changes to the executive team at list management company Edith Roman & Associates. Former co-presidents Wayne and Stevan Roberts are no longer with the firm, and Greg Grdodian was named president of Edith Roman-ePost Direct.