(a)(5)(v)
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55 SHUMAN BOULEVARD — SUITE 400n NAPERVILLEn ILn 60563n PH: 630-848-3000n FX: 630-848-3149
M E M O R A N D U M
DATE: | July 11, 2006 | |
TO: | Laidlaw Equity Plan Participants | |
FROM: | Mary Jordan, Beth Corvino and Richard Parker | |
SUBJECT: | Participation in Announced Tender Offer |
As many of you know, on July 10, 2006 the Company announced it is commencing a modified “Dutch Auction” tender offer for up to 15,000,000 shares of its common stock (“Tender Offer”). All participants in Laidlaw’s equity plan may participate in the Tender Offer, in accordance with the terms of the Tender Offer, without regard to the Company’s trading policy.After the Trading Window closes, you may not otherwise sell or buy shares of Laidlaw common stock, but may participate in the Tender Offer.Finally, you do not need to obtain pre-clearance from the Legal Department to tender your shares of Laidlaw common stock into the Tender Offer.
You will receive documentation regarding the Tender Offer through your broker, Merrill Lynch.