Sentences with phrase «liquidation subject to the approval»
We started following NYER in November last year (see the initial post) when the stock was trading at $ 1.75, and NYER had announced the liquidation subject to the approval of its shareholders and the closing of two transactions.
https://greenbackd.com/ Not exact matches
As previously disclosed on October 23, 2009, in conjunction with the sale of a substantial portion of the assets of D.A.W., Inc. («DAW»), a wholly owned subsidiary of Nyer Medical Group, Inc. («Nyer»), to Walgreen Easter Co. (the «WAG Transaction) and the sale of the stock of DAW to certain management investors (the «DAW Stock Transaction»), the Board of Directors of Nyer approved the liquidation and dissolution of Nyer pursuant to a Plan of Dissolution (the «Plan of Dissolution»), subject to obtaining shareholder approval of the WAG Transaction, the DAW Stock Transaction, and the Plan of Dissolution (the «Transactions»).
The Company's Board of Directors has approved a Plan of Complete Liquidation and Dissolution of the Company (the «Plan»), subject to shareholder approval.
The liquidation is still subject to stockholder approval, but we think NSTR presents a reasonable prospect for a good return in a short time frame.
The Company's Board of Directors has approved a Plan of Complete Liquidation and Dissolution of the Company (the «Plan of Dissolution»), subject to stockholder approval.