We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Optimal Grp. CL a (MM) | NASDAQ:OPMR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.38 | 0 | 01:00:00 |
The Amalgamation was approved by 99.6% of the votes cast by shareholders at the meeting, including 99.6% of the votes cast for purposes of the majority of the minority approval requirements of applicable securities laws.
The Amalgamation results in the company resulting from the Amalgamation, which will be named WowWee Holdings Inc. ("Amalco"), becoming a wholly-owned subsidiary of the Offeror. As a result of the Amalgamation, and in accordance with the amalgamation agreement dated July 9, 2010 between Optimal and Subco, each of the Shares previously held by Optimal shareholders (other than dissenting shareholders, the Offeror and its joint actors) were converted into one Amalco redeemable preferred share.
Each Amalco redeemable preferred share held by former Optimal shareholders will be redeemed in exchange for US$2.40 in cash (the "Redemption Price").
Full particulars of the Amalgamation were described in the management information circular dated June 10, 2010 mailed to shareholders of Optimal. In addition, the meeting materials are available on the SEDAR website at www.sedar.com and the SEC's website at www.sec.gov and contain instructions for such shareholders to receive the Redemption Price payable to them in connection with the Amalgamation.
The Shares are expected to be de-listed from the NASDAQ and Optimal will also make application to cease to be a reporting issuer in Canada and a registrant in the United States.
Contacts: Optimal Group Inc. Leon P. Garfinkle Senior Vice President, General Counsel and Secretary 514-738-8885 leon@optimalgrp.com 7293411 Canada Inc. Richard Yanofsky President 514-738-2079 richard@wowwee.com
1 Year Optimal Chart |
1 Month Optimal Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions