Filed by LogMeIn, Inc.
Pursuant to Rule 14a-12 under the Securities Exchange Act of 1934
Subject Company: LogMeIn, Inc.
Commission File No.: 001-34391
This
filing relates to the proposed merger (the Merger) of LogMeIn, Inc., a Delaware corporation (LogMeIn), and Logan Merger Sub, Inc., a Delaware corporation (Merger Sub) and a direct wholly owned subsidiary of
Logan Parent, LLC, a Delaware limited liability company (Parent), pursuant to the terms of that certain Agreement and Plan of Merger, dated as of December 17, 2019, by and among LogMeIn, Parent and Merger Sub (the
Merger Agreement).
The following email was sent to employees of LogMeIn, Inc. on February 3, 2020
From: Bill Wagner
Hi everyone,
Its now been more than 45 days since we
announced our definitive agreement to be acquired by affiliates of Francisco Partners and Evergreen Coast Capital, the private equity affiliate of Elliott Management. As promised, here are some updates on our progress towards closing the
acquisition:
Update on key milestones
During this
time, weve surpassed some major milestones in the pre-close process. Over the past month, we achieved anti-trust approvals in the U.S. as well as 1 of 2 similar approvals in other key international
markets. Additionally, this morning, we announced the expiration of the 45-day go-shop period. Though we did engage with several other parties during this go-shop period, no other bids emerged.
A number of key closing conditions remain, including obtaining shareholder
approval for the transaction at a special meeting of our shareholders in March and the successful transfer of our Federal and State telecommunications licenses, but were pleased with the progress weve made to date. We continue to believe
that the acquisition will close in mid-2020.
What to expect in the near future
Until then, we continue to operate as a public company in our business-as-usual
state. As such, we plan to announce our Q4 and 2019 earnings in mid-February.
Im expecting to host a Global
All Hands in mid-February where we can provide a quick recap of 2019, an overview of our 2020 priorities and an update on next steps as we continue to move towards an exciting new chapter for the company.
I look forward to speaking with you all then. In the meantime, it is important that we remain focused on the work at hand and continuing our momentum.
Best,
Bill