MMI Investments to monitor Acxiom merger, may increase 8.1% stake

By Lisa Kerner

Charlotte, N.C., June 12 - Acxiom Corp. investors led by MMI Investments, L.P. filed a notification and report form under the Hart-Scott-Rodino Act seeking clearance to acquire up 14.9% of the company's outstanding common stock.

In addition, MMI and others intend to monitor developments relating to Acxiom's proposed acquisition by Silver Lake and ValueAct Capital for $27.10 per share in an all-cash transaction valued at $3 billion.

The reporting persons beneficially own 6,455,288 shares, or 8.1%, of the company's outstanding stock.

Acxiom is a Little Rock, Ark., provider of customer and information management services.

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