Edelman Financial Group Shareholders Will Get $8.85 per Share

The Edelman Financial Group Inc. EF ("TEFG" or the "Company") announced that its shareholders today voted to adopt the previously announced merger agreement with an affiliate of Lee Equity Partners, LLC ("Lee Equity"), a New York private equity firm. The parties intend to consummate the merger on September 19, 2012. Upon consummation of the merger, TEFG shareholders will receive $8.85 in cash for each share of TEFG common stock. At the completion of the transaction, TEFG will become a privately held company and its stock will no longer trade on the Nasdaq Stock Market.