M&A: ARC DOCUMENT SOLUTIONS, INC.

Form Type: CORRESP

Filing Date: 2024-10-04

Corporate Action: Merger

Type: Update

Accession Number: 000114036124042897

Comments: ARC Document Solutions, Inc. submitted a correspondence to the SEC in response to comments on their Preliminary Proxy Statement and Schedule 13E-3. This communication addresses the staff's feedback regarding disclosures surrounding a proposed merger, specifically concerning the fairness determinations made by the Special Committee and ARC Board for non-affiliated security holders. The company confirmed revisions to their disclosures aimed at clarifying these determinations and ensuring they align with regulatory requirements. Changes include adding required disclosures about financial advisory services and updating financial projections. Furthermore, the correspondence indicates that ARC, alongside the filing persons, is filing amendments to their preliminary proxy statement and Schedule 13E-3 to reflect these updates and responses to the SEC's comments.

Document Link: View Document

Additional details:

Item 1015 Disclosure: added disclosure regarding AlixPartners on page 63

Fairness Determination Clarity: clarified fairness determinations on pages 1, 38, and 44