The two main remaining investors in Jamdat were Apax Partners and Benchmark Capital (I’m assuming rest of them–Intel Capital, Sun Microsystems, and Qualcomm–cashed out with the IPO)…between the two and CEO Mitch Lasky, the three owned 28.8 percent of the company. According to an 8-K just filed, here’s the relevant portion:
“Each of Mitch Lasky, Apax Partners and Benchmark Capital have agreed to vote their shares of JAMDAT common stock in favor of the Merger and against any proposal made in opposition to or in competition with the Merger. The outstanding shares subject to these voting agreements represent, as of December 8, 2005, in the aggregate, approximately 28.6% of the outstanding shares. The voting agreements will terminate if the Merger Agreement is terminated for any reason. The Merger Agreement contains certain termination rights for both Electronic Arts and JAMDAT, and further provides that, upon termination of the Merger Agreement under specified circumstances, JAMDAT may be required to pay Electronic Arts a termination fee of up to $26.8 million.”
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