Company Website:
http://www.eipny.com
NEW YORK -- (Business Wire)
Epoch Investment Partners, Inc., a leading investment manager and
investment adviser and the sole operating subsidiary of Epoch Holding
Corporation (“Epoch”
or the “Company”) (Nasdaq: EPHC),
today announced that its assets under management (“AUM”) were
approximately $24.5 billion as of December 31, 2012, an increase of 1%
from $24.2 billion as of September 30, 2012.
"Market appreciation outside the U.S. was the primary contributor to the
rise in assets under management last quarter,” stated William W. Priest,
Chief Executive Officer. "While ultra-low interest rates and asset
purchases by the world’s major central banks continued to push up
valuation multiples, we think future gains will be more dependent on an
underlying improvement in business fundamentals.”
As previously announced on December 6, 2012, Epoch Holding Corporation
entered into a merger agreement with The Toronto-Dominion Bank (“TD”)
whereby Epoch will become an indirect wholly-owned subsidiary of TD.
This transaction, which is subject to the approval of Epoch's
stockholders and satisfaction of other customary closing conditions, is
expected to close in the first half of 2013.
About Epoch Holding Corporation
Epoch Holding Corporation conducts its operations through Epoch
Investment Partners, Inc., a wholly-owned subsidiary and a registered
investment adviser under the Investment Advisers Act of 1940, as
amended. Investment management and investment advisory services are the
Company's sole line of business. Headquartered in New York, the
Company's investment strategies include U.S. Equity (All Cap, Large Cap,
SMID Cap and Small Cap Value; Choice and Shareholder Yield), Global
Equity (Shareholder Yield, Choice, Absolute Return and Small Cap) and
International Small Cap.
For more information about Epoch contact Adam Borak at Epoch
Investment Partners, Inc. (212) 400-4708, aborak@eipny.com
or visit Epoch's website at www.eipny.com.
Cautionary Statement Regarding Forward-Looking Statements
This communication contains certain statements that may be considered
forward-looking within the meaning of the Private Securities Litigation
Reform Act of 1995.In some cases, you can identify these
statements by forward-looking words such as “may,” “might,” “will,”
“should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,”
“predict,” “potential” or “continue,” and the negative of these terms
and other comparable terminology.These forward-looking
statements are subject to known and unknown risks, uncertainties and
assumptions about Epoch and may include projections of Epoch’s future
financial performance based on Epoch’s anticipated growth strategies and
trends in Epoch’s business. These statements are only predictions based
on Epoch’s current expectations and projections about future events.
There are important factors that could cause Epoch’s actual results,
level of activity, performance or achievements to differ materially from
the results, level of activity, performance or achievements expressed or
implied by the forward-looking statements. Forward-looking statements
include, but are not limited to, statements regarding: the failure to
receive, on a timely basis or otherwise, the required approvals by
Epoch's stockholders and governmental or regulatory agencies relating to
the proposed merger transaction with TD; the risk that a condition to
closing of the proposed transaction with TD may not be satisfied;
Epoch's ability to consummate the proposed transaction with TD;
operating costs and business disruption may be greater than expected;
the ability of Epoch to retain and hire key personnel and maintain
relationships with business partners pending consummation of the
proposed transaction; and the impact of legislative, regulatory and
competitive changes and other risk factors relating to the industries in
which Epoch operates, as detailed from time to time in Epoch'sreports
filed with the Securities and Exchange Commission(the "SEC").There can be no assurance that the proposed transaction with TD will
in fact be consummated.
These risks and uncertainties are not exhaustive. Additional
information about the material factors or assumptions underlying such
forward-looking statements may be found under Item 1.Ain Epoch’s
Annual Report on Form 10-K for the fiscal year ended June 30, 2012 and
Item 1.A in Epoch's most recent Quarterly Report on Form 10-Q for the
quarter ended September 30, 2012. All subsequent written and oral
forward-looking statements concerning the proposed transaction with TD
or other matters attributable to Epoch or any other person acting on its
behalf are expressly qualified in their entirety by the cautionary
statements referenced above.Neither Epoch nor any other person
assumes responsibility for the accuracy or completeness of any of these
forward-looking statements. You should not rely upon forward-looking
statements as predictions of future events.The forward-looking
statements speak only as of the date of this communication.Epoch
is not under any duty to update any of these forward-looking statements
after the date of this communication, nor to conform Epoch’s prior
statements to actual results or revised expectations, and Epoch does not
intend to do so.
Additional Information and Where to Find It
This communication is being made in respect of the proposed
transaction involving Epoch and TD. The proposed transaction will be
submitted to the stockholders of Epoch for their consideration. In
connection with the proposed transaction, Epoch will prepare a proxy
statement to be filed with the SEC. Epoch and TD plan to file with the
SEC other documents regarding the proposed transaction. STOCKHOLDERS ARE
URGED TO READ THE PROXY STATEMENT REGARDING THE PROPOSED TRANSACTION AND
ANY OTHER RELEVANT DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY
BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT
THE PROPOSED TRANSACTION. The definitive proxy statement will be mailed
to Epoch's stockholders. You may obtain copies of all documents filed
with the SEC concerning the proposed transaction, free of charge, at the
SEC’s website at www.sec.gov.
In addition, stockholders may obtain free copies of the documents filed
with the SEC by Epoch through the Investor Relations section of our
website, and the “Financial Information” tab therein.The website
address is www.eipny.com.The information on our website is not, and shall not be deemed to be
a part hereof or incorporated into this or any other filings with the
SEC.You may also send a written request to our Corporate
Secretary at Epoch Holding Corporation, 640 Fifth Avenue, 18th
Floor, New York, New York 10019, Attn: Corporate Secretary, or by
calling the Corporate Secretary at (212) 303-7200.
Interests of Participants
Epoch and TD and each of their respective directors and executive
officers may be deemed to be participants in the solicitation of proxies
from the stockholders of Epoch in connection with the proposed
transaction. Information regarding Epoch's directors and executive
officers is set forth in Epoch's Proxy Statement for its 2012 Annual
Meeting of Stockholders and its Annual Report on Form 10-K for the
fiscal year ended June 30, 2012, which were filed with the SEC on
October 18, 2012 and September 10, 2012, respectively. Information
regarding TD's directors and executive officers is set forth in TD's
Annual Report for the fiscal year ended October 31, 2012. Additional
information regarding persons who may be deemed to be participants in
the solicitation of proxies in respect of the proposed transaction will
be contained in the proxy statement to be filed by Epoch with the SEC
when it becomes available.
Contacts:
Epoch Investment Partners, Inc.
Adam Borak, 212-400-4708
aborak@eipny.com
Source: Epoch Investment Partners, Inc.