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Swisher International, Inc. Completes Previously Announced Merger

 
    CHARLOTTE, N.C., May 30 /PRNewswire-FirstCall/ -- Swisher
 International, Inc., a corporation offering hygiene services and products
 to businesses across the country, announced that it completed its
 previously announced merger with HB Merger Sub, Inc., a wholly owned
 subsidiary of HB Fairview Holdings LLC, a Delaware limited liability
 company, on May 9, 2006. Under the merger agreement, Swisher International
 stockholders (other than HB Fairview) are entitled to receive a cash
 payment of $7 per share of common stock. The merger follows the final
 settlement of a stockholder class action in Delaware state court whereby
 former Swisher International stockholders who had previously tendered their
 shares of common stock in a tender offer will receive $4 per share.
     As a result of the merger, Swisher International is now a wholly owned
 subsidiary of HB Fairview. Swisher International has been deleted from
 NASDAQ and will no longer trade its stock over the counter on the pink
 sheets (which had previously traded under the symbol "SWSH.PK").
     American Stock Transfer & Trust Company, the paying agent, will mail to
 those stockholders of record a letter of transmittal and instructions for
 receiving payment of the merger consideration.
     Safe Harbor Statement
     Forward-looking statements in this release, including, without
 limitation, statements relating to Swisher International's plans,
 strategies, objectives, expectations, and intentions, are made pursuant to
 the safe harbor provisions of the Private Securities Litigation Reform Act
 of 1995. These forward- looking statements involve known and unknown risks,
 uncertainties, and other factors that may cause the actual results,
 performance or achievements of Swisher International to be materially
 different from any future results, performance or achievements expressed or
 implied by such forward-looking statements. Such forward-looking statements
 are subject to risks and uncertainties that could cause actual results or
 achievements to differ materially from those projected or implied. Such
 risks and uncertainties include: satisfaction of various conditions to the
 closing of the merger; existing and possible future litigation relating to
 the merger; and the risks inherent in Swisher International's business.
 Swisher International does not file reports with the Securities and
 Exchange Commission. Swisher International does not undertake any
 obligation to publicly release the results of any revisions to these
 forward-looking statements, which may be made to reflect events or
 circumstances occurring after the date hereof or to reflect the occurrence
 of unanticipated events.
 
 

SOURCE Swisher International, Inc.
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