Investor Tymothi O. Tombar filed a 13D notice on July 30, 2009 disclosing a 5.8 % holding and
calling for the liquidation of the company.
Hopefully management can hear the drum beats
calling for liquidation.
Three activist investors, Biotechnology Value Fund (BVF), Millennium Technology Value Partners and Highland Capital Management, hold approximately 45 % of NTII's outstanding stock and have
called for its liquidation.
It may very well be that BVF is in this to eventually
call for a liquidation.
Not exact matches
Common equity classes are considered to be a
call option with a claim on equity value at an exercise price equal to the aggregate
liquidation preferences
for the preferred equity classes.
All of this reflects what might be
called a «
liquidation syndrome» that is selective
for awful drops that began in 1969, 1972, 1987, 2000, 2007, and the more moderate but still steep losses in 1998, 2010, and 2011.
The tender offer is conditioned upon, among other things, (i) the BVF Nominees being elected to Avigen's board of directors at a special meeting of stockholders
called for that purpose, or otherwise appointed, and constituting a majority of directors on Avigen's board, (ii) the Avigen board redeeming the poison pill rights issued and outstanding under Avigen's Poison Pill Rights Plan, or the Purchaser being satisfied in its reasonable discretion that the Poison Pill Rights are otherwise inapplicable to this tender offer, the Purchaser or any affiliate or associate of the Purchaser and (iii) Avigen not having authorized, recommended, proposed, announced its intent to enter into or entered into an agreement with respect to or effected any merger, consolidation,
liquidation, dissolution, business combination, acquisition of assets, disposition of assets, alternative strategy or relinquishment of any material contract or other right of Avigen or any comparable event or capital depleting transaction not in the ordinary course of business.
Its board simultaneously announced new managers
for, and
liquidation of, KF Griffin Blue Chip Covered
Call Fund (KFGAX).
Call the designated charities and ask
for their «stock
liquidation brokerage account.»
One reason
for calling such purchases bargain issues is that usually net - current - asset values may be considered a conservative measure of
liquidation value.
@Mindwin: Such
calls are forbidden on mortgages issued
for owner - occupied residences, at least in the U.S.; mortgage lenders are required to accept the risk that even if the value of the collateral is spiraling downward they will be unable to force
liquidation.
MARGIN
CALLS AND
LIQUIDATION OF POSITIONS Initial margin
for new positions and maintenance margin
for existing positions must be maintained in accordance with Authorized RFED's requirements, which may be adjusted from time to time without prior notice.
MARGIN
CALLS AND
LIQUIDATION OF POSITIONS Initial margin
for new positions and maintenance margin
for existing positions must be maintained in accordance with Carrying Broker's requirements, which may be adjusted from time to time without prior notice.
If you have any questions regarding this
liquidation, please contact your financial advisor or
call Franklin Templeton Investor Services at (800) 632-2301
for more information.
Chapter 7 bankruptcy is sometimes
called «
liquidation» bankruptcy because it cancels your debts in exchange
for allowing the bankruptcy court liquidate (sell) some of your property
for the benefit of your creditors.
The simplest and quickest way to file
for personal bankruptcy in Tennessee is with a Chapter 7 bankruptcy, also
called a Straight Bankruptcy or
liquidation.
Chapter 7 bankruptcy laws outline a process
called liquidation, in which some of the debtor's assets are sold by the court in exchange
for total forgiveness of eligible debts.