News and Events

Neustar Announces Final Results of Its Modified Dutch Auction Tender Offer

Dec 8, 2011

 

STERLING, Va. — NeuStar, Inc. (NYSE:  NSR) (“Neustar”) announced today the final results of its modified “Dutch auction” tender offer for the purchase of up to $250 million in value of its Class A common stock, which expired at 12:00 midnight, New York City time, on the night of Friday, December 2, 2011.

Neustar has accepted for purchase 7,246,376 shares of its Class A common stock at the final purchase price of $34.50 per share, for an aggregate cost of approximately $250.0 million, excluding fees and expenses relating to the tender offer.  The 7,246,376 shares accepted for purchase in the tender offer represent approximately 9.9% of Neustar's currently issued and outstanding shares of Class A common stock.

Based on the final count by the depositary for the tender offer, a total of 8,134,058 shares of Neustar’s Class A common stock were properly tendered and not properly withdrawn at or below the purchase price of $34.50 per share.

Due to the oversubscription of the tender offer, stockholders who properly tendered and did not properly withdraw shares of Class A common stock in the tender offer at or below $34.50 per share will have approximately 89% of their tendered shares purchased by Neustar (other than “odd lot” holders whose shares were purchased on a priority basis).

The depositary will promptly issue payment for the shares validly tendered and accepted for purchase in accordance with the terms and conditions of the tender offer.  Shares tendered and not accepted for purchase will be returned promptly to stockholders by the depositary.

Morgan Stanley & Co. LLC, is the dealer manager for the tender offer.  The information agent for the tender offer is Georgeson Inc., and the depositary is American Stock Transfer & Trust Company, LLC.  Neustar stockholders who have questions may call the information agent at             (866) 821-0284      .  Banks and brokers may call            (212) 440-9800      .

About Neustar, Inc.

Neustar provides market-leading, innovative solutions and directory services that enable trusted communication across networks, applications, and enterprises around the world.  To learn more about Neustar, visit www.neustar.biz.

Tender Offer Statement

This press release is for informational purposes only and is neither an offer to buy nor the solicitation of an offer to sell any shares of Neustar Class A common stock.