The Board of Directors of Nurun Establishes an Independent Committee of Directors
The Board of Directors of Nurun Establishes an Independent Committee of Directors
Jun. 14, 2007 12:36 PM
MONTREAL, CANADA -- (MARKET WIRE) -- 06/14/07 -- Nurun Inc. (the "Corporation") (TSX: NUR) today announced that its Board of Directors has established an independent committee with respect to the proposal by Quebecor Media Inc., announced on June 1, 2007, to acquire all of the outstanding common shares of the Corporation which Quebecor Media and its affiliates do not already own for C$4.55 per common share in cash. The independent committee has engaged CIBC World Markets as financial advisors who will be preparing a formal valuation of the Corporation.
ABOUT Nurun
Nurun Inc. (TSX: NUR), a subsidiary of Quebecor Media Inc., is a global company which strategizes, executes and measures interactive programs that use new technologies. From building awareness to acquiring and retaining customers, Nurun's solutions provide exceptional user experiences that enable e-commerce transactions while leveraging the lifetime value of client relationships. Since it was founded in 1985, Nurun has worked with a wide variety of companies and organizations, including: Groupe DANONE, Cingular Wireless, Louis Vuitton, Thales, Pfizer, SkyTeam, Home Depot, Pleasant Holidays, L'Oreal, Renault, Microsoft (MSN), Europcar, Autotrader.com, Equifax, Telecom Italia and the Government of Quebec. Nurun's centers of expertise employ more than 700 professionals in Canada, the United States, Europe, and China. For more information, please visit www.nurun.com.
Contacts:
Nurun Inc. www.nurun.com
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