Savvis Offers Stock

Savvis announces secondary stock offering

January 9, 2007

1 Min Read
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ST. LOUIS -- SAVVIS, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure services for business applications, today announced that one of its stockholders is commencing a secondary offering of 6,630,530 shares of common stock under SAVVIS existing shelf registration statement. The shares of common stock are being offered by One Equity Partners, LLC, through its affiliate MLT, LLC. One Equity Partners also intends to grant the underwriters of the secondary offering an option to purchase up to an additional 994,580 shares of common stock. Upon completion of the offering, if the underwriters exercise their over-allotment option in full, it is anticipated that One Equity Partners will not own any shares of SAVVIS common stock. SAVVIS will not receive any of the proceeds from the sale of the shares. The pricing of the offering is anticipated to occur during the week of January 15, 2007.

Savvis Communications Corp.

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