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Letter to the Editor
Friday August 24
Keystone Automotive Industries Sets Date for LKQ Merger Vote
Keystone Automotive Industries, Inc. has announced it has set a record date of August 30, 2007 for shareholders to vote on a previously announced merger agreement with LKQ Corporation in which LKQ will acquire Keystone for $48.00 per share in cash, representing an aggregate purchase price of approximately $811 million on a fully diluted basis.The merger, pending approval by shareholders on a yet-to-be-determined date for a special meeting and regulatory approvals and other customary conditions, is expected to close early in the fourth quarter of calendar 2007.
In connection with the proposed merger, Keystone is in the process of finalizing the filing of a definitive proxy statement and other documents with the Securities and Exchange Commission. The proxy statement will be mailed to the stockholders of Keystone.
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