DATA TRANSMISSION NETWORK CORP 3
3 · DATA TRANSMISSION NETWORK CORP · Filed Mar 13, 2000
Insider Transaction Report
Form 3
No transactions or holdings reported in this filing.
Footnotes (1)
- [1]On March 3, 2000, VS&A Communications Partners III, L.P. ("VS&A"), VS&A-DTN, LLC and DTN Acquisition Corporation (the "Purchaser") entered into an Agreement and Plan of Merger with Data Transmission Network Corporation (the "Company"), pursuant to which the Purchaser agreed to commence a tender offer for all the issued and outstanding shares of common stock, par value $.001 per share of the Company. As an inducement to VS&A to enter into the Merger Agreement, certain stockholders of the Company who in the aggregate beneficially own 6,026,338 shares of common stock of the Company (approximately 50.1% of the outstanding shares of common stock as of March 1, 2000), entered into voting agreements with VS&A pursuant to which they agreed to tender their shares in response to the tender offer or vote their shares in favor of the merger and the Merger Agreement. The reporting person may be deemed to be the beneficial owner of such shares. The filing of this Form 3 shall not be deemed as an admission that the reporting persons are the beneficial owners of such shares.