SHELTON, Conn., June 5 /PRNewswire-FirstCall/ -- Clayton Holdings, Inc.(Nasdaq: CLAY) announced today that it has received early termination of thewaiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976,as amended, with respect to the previously announced definitive mergeragreement under which an affiliate of a fund managed by Greenfield Partners,LLC, a private equity firm, will acquire all of the outstanding common sharesof Clayton Holdings for $6.00 per share,
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About Clayton Holdings, Inc.
Clayton Holdings, Inc., headquartered in Shelton, Connecticut, is aninformation and analytics company serving leading capital markets firms,lending institutions, fixed income investors and loan servicers with a fullsuite of information-based analytics, specialty consulting and outsourcedservices. Clayton's services include due diligence analytics, conduit supportservices, professional staffing, compliance products and services, credit riskmanagement and surveillance and specialized loan servicing services.Additional information is available at www.clayton.com.
Forward Looking Statements
Certain items in this press release may constitute forward-lookingstatements within the meaning of the 'safe harbor' provisions of the PrivateSecurities Litigation Reform Act of 1995. These statements are based onmanagement's current expectations and beliefs and are subject to a number oftrends and uncertainties that could cause actual results to differ materiallyfrom those described in the forward-looking statements. Clayton can give noassurance that expectations will be attained. Factors that could cause actualresults to differ materially from Clayton's expectations include, but are notlimited to, the ability to complete the merger in light of the various closingconditions, including those conditions related to regulatory approvals; theexpected timing of the completion of the merger; the impact of theannouncement or the closing of the merger on Clayton's relationships with itsemployees, existing customers or potential future customers; adverse changesin the mortgage-backed securities market, the mortgage lending industry or thehousing market; the level of competition for Clayton's services; the loss ofone or more of Clayton's largest clients; Clayton's ability to maintain itsprofessional reputation; management's ability to execute Clayton's businessstrategy; and other risks detailed in Clayton's Annual Report on Form 10-Kfiled with the Securities and Exchange Commission on March 14, 2008 and otherreports filed with the Securities and Exchange Commission. Such forward-looking statements speak only as of the date of this press release. Claytonexpressly disclaims any obligation or undertaking to release publicly anyupdates or revisions to any forward-looking statements contained herein toreflect any change in Clayton's expectations with regard thereto or change inevents, conditions, or circumstances on which any such statement is based.
SOURCE Clayton Holdings, Inc.