J. Jill shareholders approve merger with Tablots

01 May '06

1 min read

The J. Jill Group Inc announced that the company's stockholders have voted to adopt the Agreement and Plan of Merger dated as of February 5th 2006 by and among the company, The Talbots Inc and Jack Merger Sub Inc and approve the merger contemplated thereby (the 'Merger'), providing for the acquisition of the company by Talbots.

The results of the vote were reported during a special stockholder meeting held today in Quincy, Massachusetts. The number of shares voting to adopt the Merger Agreement and approve the Merger represents approx. 66 percent of the total number of shares outstanding and entitled to vote at the meeting. The proposed Merger was announced on February 5th 2006.

The company expects to complete the merger on May 3rd 2006.

J. Jill Group Inc is a multi-channel specialty retailer of women's apparel, including accessories and footwear. Currently markets its products through its retail stores, catalogs and website www.jjill.com. It is designed to appeal to active, affluent women age 35 and older.

The J. Jill Group Inc

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