This excerpt taken from the FCN 10-Q filed Nov 6, 2008.
16. Subsequent Events
Due to the unprecedented decline and instability of the equity capital markets, the Company will delay its filing for an initial public offering (IPO) of its Technology business until some time in 2009, market conditions permitting. The Company will continue to evaluate the advisability and the timing of filing of an IPO and the timing of the previously announced spin-off or split-off of that business over the upcoming months.
This excerpt taken from the FCN 10-Q filed Aug 7, 2008.
15. Subsequent Events
During the second quarter of 2008, the Company entered into a merger agreement with Attenex Corporation, a leading eDiscovery software provider, whereby Attenex would merge with a wholly-owned subsidiary of the Company and be the surviving company in a cash transaction valued at approximately $88.0 million. The transaction closed on July 2, 2008.
On August 6, 2008, the Company announced that it intends to sell a minority interest in its Technology business through an initial public offering (IPO) of a to be newly formed company. The Company further intends to distribute the remaining shares of the new company to its stockholders within twelve months of completion of the IPO in a spin-off, split-off or a combination of these transactions. It is expected that a registration statement will be filed by the end of this year. The proceeds from the offering will be used primarily to retire existing indebtedness of the Company. A portion of the proceeds will be retained by the Technology business to use for general corporate purposes.
This excerpt taken from the FCN 8-K filed Nov 2, 2007.
On October 9, 2007, the Company successfully completed a public offering of 4,830,000 shares of its common stock at a price of $50.00 per share. Proceeds from the offering were approximately $232 million after payment of the underwriting discounts and commissions, but excluding estimated offering expenses. As previously announced, the Company intends to use the net proceeds from the offering for general corporate purposes, including the continuation of its strategic acquisition program.