Valassis Signs Deal with Winn-Dixie for In-Store Marketing, Makes Offer for Senior Notes

In other news, the company announced that it has commenced a cash tender offer to purchase up to $270 million aggregate principal amount of its outstanding 8-1/4% Senior Notes due 2015 at a purchase price equal to $1,070 per $1,000 principal amount of Notes purchased, plus accrued and unpaid interest to, but not including, the settlement date. The complete terms and conditions of the offer are set forth in the "Offer to Purchase" dated May 12, 2010, and the related letter of transmittal.