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May 15, 2003: Dwyer Signs Merger Agreement

May 15, 2003
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WACO, Texas — The Dwyer Group Inc. and the Riverside Company recently signed a merger agreement. Under the agreement, Dwyer will merge with an affiliate of Riverside. Dwyer stockholders will also receive $6.75 in cash for each share of common stock they own. Upon completion of the proposed merger, Dwyer will become privately held by Riverside and certain other stockholders, including members of the Dwyer family and senior management of Dwyer.

The completion of the proposed merger is subject to customary closing conditions, including receipt of regulatory approval, and requires the approval of a majority of the outstanding shares of Dwyer’s common stock.

Publication date: 05/12/2003

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