Nuveen shareholders to vote Sept. 18 on buyout

By Lisa Kerner

Charlotte, N.C., Aug. 10 - Nuveen Investments, Inc. stockholders will vote Sept. 18 on the company's proposed acquisition by Windy City Investments, Inc., a private equity investors group led by Madison Dearborn Partners, LLC.

The record date for the meeting is Aug. 13.

Nuveen will also ask shareholders to approve the adjournment of the special meeting, if necessary, to solicit additional proxies.

Under the June 19 merger agreement, stockholders will receive $65 cash per share. The $6.3 billion transaction is slated to close in the fourth quarter.

Nuveen is an investment services company located in Chicago.

Madison Dearborn is a Chicago-based private equity investment firm.

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