TORONTO, Sept. 7,
2022 /CNW/ - Dye & Durham Limited (TSX:
DND) ("Dye & Durham" or the "Company"), a leading provider of
cloud-based, efficient workflow software for legal and business
professionals, announced today that Link Administration Holdings
Limited (ASX: LNK) ("Link Group") has obtained an order to adjourn
the second court hearing in relation to the Company's proposed
acquisition of Link Group.
The hearing, which had been scheduled for Friday, September 9, 2022, in Sydney, Australia, is now scheduled to take
place on Thursday, September 15,
2022. Link Group requested the adjournment to allow
additional time to receive required regulatory
approvals.
About Dye &
Durham
Dye & Durham Limited is a leading provider of
cloud–based software and technology solutions designed to improve
efficiency and increase productivity for legal and business
professionals. Dye & Durham provides critical information
services and workflows, which clients use to manage their process,
information and regulatory requirements. The Company has operations
in Canada, the United Kingdom, Ireland and Australia, and has a strong blue-chip customer
base that includes law firms, financial service institutions, and
government organizations.
Additional information can be found at
www.dyedurham.com
Forward-looking
Statements
This press release may contain forward-looking information
within the meaning of applicable securities laws, which reflects
the Company's current expectations regarding future events,
including statements relating to the Company's planned acquisition
of Link Group and the expected date of the second court hearing in
relation thereto. In some cases, but not necessarily in all cases,
forward-looking statements can be identified by the use of forward
looking terminology such as "plans", "targets", "expects" or "does
not expect", "is expected", "an opportunity exists", "is
positioned", "estimates", "intends", "assumes", "anticipates" or
"does not anticipate" or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might", "will" or "will be taken", "occur" or
"be achieved". In addition, any statements that refer to
expectations, projections or other characterizations of future
events or circumstances contain forward-looking statements.
Forward-looking statements are not historical facts, nor guarantees
or assurances of future performance but instead represent
management's current beliefs, expectations, estimates and
projections regarding future events and operating
performance.
Such forward-looking information is necessarily based on a
number of opinions, estimates and assumptions. Forward-looking
information is also subject to a number of risks and uncertainties,
many of which are beyond the Company's control, which could cause
actual results and events to differ materially from those that are
disclosed in or implied by such forward-looking information. Such
risks and uncertainties include, but are not limited to, the risk
associated with the Company's and Link Group's ability to obtain
the approvals that are required to consummate the proposed
transaction and the timing of the closing of the proposed
transaction, including the risk that the conditions to the
transaction are not satisfied on a timely basis or at all and the
failure of the transaction to close for any other reason; the risk
that a consent or authorization that may be required for the
proposed transaction is not obtained or is obtained subject to
conditions that are not anticipated; the outcome of any legal
proceedings that may be instituted against the parties and others
related to the acquisition agreement; unanticipated difficulties or
expenditures relating to the transaction, the response of business
partners and retention as a result of the announcement and pendency
of the transaction; the Company being unable to realize expected
synergies; and the diversion of management time on
transaction-related issues, as well as the factors discussed under
"Risk Factors" in the Company's most recent annual information
form. If any of these risks or uncertainties materialize, or if the
opinions, estimates or assumptions underlying the forward-looking
information prove incorrect, actual results or future events might
vary materially from those anticipated in the forward-looking
information. Accordingly, investors should not place undue reliance
on forward-looking information, which speaks only as of the date
made. The forward-looking information contained in this news
release represents the Company's expectations as of the date of
this news release, and are subject to change after such date. The
Company disclaims any intention or obligation or undertaking to
update or revise any forward-looking information whether as a
result of new information, future events or otherwise, except as
expressly required under applicable law.
SOURCE Dye & Durham Limited