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Shareholder Approval


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Meadowbrook Insurance Group, Inc. Announces Receipt of Regulatory Approval and Establishes Exchange Ratio and Election Deadline in Connection with ProCentury Merger

SOUTHFIELD, Mich., July 24 /PRNewswire-FirstCall/ -- Meadowbrook Insurance Group, Inc. (NYSE: ) announced today that it has received all required regulatory Approvals necessary to close its merger with ProCentury Corporation. In connection with the merger, the exchange ratio for ProCentury Corporation's common shares exchanged for Meadowbrook common stock in the merger will be 2.5000. The deadline...

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Merge Healthcare wants reverse stock split

Milwaukee, Wis. -- Merge Healthcare announced that it is asking for Shareholder Approval for a reverse stock split, which could boost its share price to a safer level.

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Trial set in suit to block Delta-Northwest deal

A federal judge has set a trial date for a lawsuit by a group of airline passengers who want to block a deal

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Commerce Group Corp. Signs to Merge With Chicago Political Firm

MILWAUKEE, July 23 /PRNewswire-FirstCall/ -- Commerce Group Corp. (Commerce) (OTC Bulletin Board: CGCO.OB) announced today that it has signed a letter of intent to merge with privately held Voter Communications Inc., known as VoteComm (). Consideration would consist solely of shares of Commerce and result in a newly organized and renamed company in which VoteComm will represent the majority of the...

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CME Group Secures $3.2 Billion in Financing from Bank of America and UBS to Finance Its Acquisition of NYMEX Holdings, Inc.

Standard & Poor's assigns its 'AA' long-term counterparty credit rating to CME Group CHICAGO, July 22 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced it has obtained committed financing to support its acquisition of NYMEX Holdings, Inc. The committed financing takes the form of a $3.2 billion bridge financing facility with Bank of America...

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Vodafone Announces $2 Billion Stock Buyback

Vodafone Group, the world’s biggest mobile phone operator, announced a surprise stock buyback valued at about $2 billion Wednesday, saying a big share price fall Tuesday had left it undervalued. Its shares rose 3.9 percent in morning trading on the London Stock Exchange. “The board of Vodafone Group has considered the market reaction to the group’s Interim [...]

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EU approves Porsche's plans to take control of VW

Germany's luxury carmaker Porsche has won antitrust Approval to take control of Europe's biggest car maker Volkswagen AG. The European Commission said in a statement that the deal would not stifle competition. Porsche holds more than 30 percent of Volkswagen and is its largest Shareholder. It is currently trying to build up its stake. The Commission's decision adds pressure on the German state of Lower...

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Good Life China Corp (GLCC) Explores Merger

BEIJING, China, July 23 /PRNewswire-FirstCall/ - Pink Sheets :GLCC The company today announced that it is proceeding further with its exploration of a planned merger with a China based meat processing plant. Mr. Yang, a company spokesperson, said "This is a substantial company with over 40,000 herds. They have assets of approximately 10 million USD, very few liabilities and a bottom line of 2.5...

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Vodafone to purchase £1 billion worth of own shares?

A disappointing trading update has prompted a sharp fall in Vodafone stock prices on Tuesday, and Vodafone answers that by stating they will buy £1 billion worth of its own shares. The statement comes from Vodafone as shares dropped 14% to £1.29 on Tuesday when it warned revenue could suffer from an economic downturn. However [...]

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Sinoenergy Corporation Approved to List on The Nasdaq Capital Market

BEIJING, July 23 /Xinhua-PRNewswire-FirstCall/ -- Sinoenergy Corporation (OTC Bulletin Board: SINE) ("Sinoenergy" or the "Company"), a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment and a designer, developer and operator of retail CNG filling stations in the People's Republic of China, today announced that its application to list its common stock on The Nasdaq Capital...

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RiT Technologies Announces $4 Million Private Placement

TEL AVIV, Israel, July 22 /PRNewswire-FirstCall/ -- RiT Technologies (NASDAQ: ) today announced that it has entered into a binding Memorandum of Understanding ("MOU") with STINS COMAN Incorporated, the Company's controlling Shareholder, for a private issuance by the Company of newly issued ordinary shares of the Company. As announced on June 13, 2008, RiT entered into a short-term loan agreement...

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The Mint Leasing, Inc. Completes Business Combination With Legacy Communications Corporation

HOUSTON, July 22 /PRNewswire-FirstCall/ -- Legacy Communications Corporation (OTC Bulletin Board: LGCC) today announced that it has completed the transaction anticipated in a definitive agreement for a business combination via the acquisition of 100% of the outstanding common stock of The Mint Leasing, Inc., a Houston-based automobile leasing company that primarily serves customers in Texas, Alabama,...

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Pemberton signs second binding Petroleum and Natural Gas lease in the Peace River Arch Area

CALGARY, July 22 /PRNewswire-FirstCall/ - (TSX.V:PBT, FSE:P5W) Pemberton Energy Ltd. wishes to announce that it has signed its second of three mineral rights acquisition deals that are currently under negotiations. Pemberton signed a two year binding Petroleum and Natural Gas Lease and Grant Agreement to lease the subsurface mineral rights from basement to surface on an undivided 50% interest in 507...

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CME Group Inc. and NYMEX Holdings, Inc. to Mail Joint Proxy Statement/Prospectus for August 18, 2008 Vote on Proposed Merger

CHICAGO, July 21 /PRNewswire-FirstCall/ -- CME Group Inc. (Nasdaq: ) and NYMEX Holdings, Inc. (NYSE: ) today announced that they will begin mailing a definitive joint proxy statement today to Shareholders of record as of the close of business on July 18, 2008. The companies also announced that the U.S. Securities and Exchange Commission has declared effective the Registration Statement on Form S-4...

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Harbinger suspends Inmarsat talks

Lengthy regulatory processes are putting off US hedge fund Harbinger from taking full ownership of satellite firm Inmarsat (HQ pictured, left), the fund said on Monday. Suspending talks for the time...