Monday 22. June 2009
William H. Sadlier, Inc., to Merge with Cauldron Group Inc.
William H. Sadlier, Inc. (“Sadlier”)(Pink Sheets: SADL), a leading publisher of educational and catechetical materials, today announced that Cauldron Group Inc. (“Cauldron”), the owner of more than 50% of Sadlier’s common stock, is merging into Sadlier. Sadlier will be the surviving corporation. The merger is expected to be treated as a tax-free reorganization.