SM&A, Odyssey Partners merger OK'd by proxy advisory firms

By Lisa Kerner

Charlotte, N.C., Dec. 19 - SM&A announced that RiskMetrics Group/ISS, Glass, Lewis & Co., Proxy Governance, Inc. and Egan-Jones Proxy Services all recommend the company's shareholders approve SM&A's merger with Odyssey Partners, LLC at the special meeting on Dec. 29.

The merger is expected to close near the end of 2008, an SM&A news release said.

SM&A, a Newport Beach, Calif., competition management services company, agreed to be acquired by Odyssey for $6.25 per share in cash in a transaction valued at about $119.6 million.

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