Monday, September 18, 2006

How Many Montgomery Counties Are There?

The author grew up in Montgomery County, Pennsylvania. He now lives in Montgomery County, Maryland, and our story today takes us to Montgomery County, Ohio.

According to press reports, a class action complaint has been filed in Montgomery County (Ohio) Common Pleas Court against The Reynolds and Reynolds Company (NYSE: REY), its nine directors and Universal Computer Systems Holding, Inc. over the proposed merger between Reynolds and UCS.

In the proposed merger, which is valued at $2.8 billion, UCS, a privately held auto dealership technology company, is paying $40 cash per share for Reynolds shares. The resulting subsidiary will retain the Reynolds and Reynolds name, but will be a private company and its shares no longer will be listed on the New York Stock Exchange.

A copy of the complaint is available here.

Counsel for the plaintiff is The Brualdi Law Firm.

Daily Trivia: The answer to the title question - 18 American counties share the name Montgomery County. Most were named in honor of General Richard Montgomery, a Revolutionary War general who died in 1775 attempting to capture Quebec, after successfully capturing Montreal.

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