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PR News Wire (Free subscription) | 08/18/2008
IRVINE, Calif., Aug. 18 /PRNewswire-FirstCall/ -- Standard Pacific
Corp. (NYSE: ) today announced that, at the Company's special meeting of
stockholders held earlier today, stockholders overwhelmingly voted in favor
of each of the three proposals on the meeting agenda.
Approval of the first proposal resulted in the conversion of $381
million in Company Senior Preferred Stock previously issued to...
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PR News Wire (Free subscription) | 07/31/2008
IRVINE, Calif., July 31 /PRNewswire-FirstCall/ -- Standard Pacific
Corp. (NYSE: ) today announced the adjustment of the conversion rate
applicable to its 6% Convertible Senior Subordinated Notes due 2012 in
connection with its previously announced proposed rights offering. The new
conversion rate is 119.5312 shares of the Company's common stock per $1,000
principal amount of the notes. The conversion...
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PR News Wire (Free subscription) | 07/31/2008
IRVINE, Calif., July 30 /PRNewswire-FirstCall/ -- Standard Pacific
Corp. (NYSE: ) today reported the Company's unaudited 2008 second
quarter operating results.
2008 Second Quarter Financial and Operating Highlights From Continuing
and Discontinued Operations:
-- Homebuilding cash on balance sheet of $572.4 million;
-- Homebuilding debt reduction of $156.3 million during the quarter
(including...
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PR News Wire (Free subscription) | 07/30/2008
IRVINE, Calif., July 30 /PRNewswire-FirstCall/ -- Standard Pacific
Corp. (NYSE: ) today announced that in connection with its previously
announced transferable rights offering for approximately 50,000,000 shares
of the Company's common stock, as of July 28, 2008, the record date for the
rights offering, there were 72,967,611 shares of the Company's common stock
outstanding. Pursuant to the rights offering,...
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LA Times (Free subscription) | 07/25/2008
Blog: Private-equity firm MatlinPatterson, which rescued O.C. builder Standard Pacific, is rumored to be looking at taking a stake in the thrift
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PR News Wire (Free subscription) | 07/21/2008
IRVINE, Calif., July 21 /PRNewswire-FirstCall/ -- Standard Pacific
Corp. (NYSE: ) today announced the terms of its previously announced
transferable rights offering of common stock. The Company will issue
transferable subscription rights to purchase approximately 50,000,000
shares of the Company's common stock to all of its common stockholders of
record as of July 28, 2008. The rights offering is being...
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PR News Wire (Free subscription) | 07/18/2008
IRVINE, Calif., July 18 /PRNewswire-FirstCall/ -- Standard Pacific
Corp. (NYSE: ) will release its 2008 second quarter results on
Wednesday, July 30, 2008 after the closing of the NYSE. In conjunction with
the earnings release, the Company will host a conference call and broadcast
a slide show and audio presentation over the Internet on Thursday, July 31,
2008, at 11:00 a.m. Eastern time.
What:...
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PR News Wire (Free subscription) | 07/16/2008
IRVINE, Calif., July 16 /PRNewswire-FirstCall/ -- Standard Pacific
Corp. (NYSE: ) today announced that a special meeting of stockholders
will be held on Monday, August 18, 2008, at 10:30 a.m. local time at the
Company's corporate office in Irvine, California, for the purpose of (i)
approving the conversion of shares of the Company's outstanding Senior
Convertible Preferred Stock into Series B Junior...
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InfTek Hosting (Free subscription) | 07/09/2008
Colocation Hosting for Standard Pacific, Provided by InteleNet Irvine, California - (The Hosting News) - July 8, 2008 - Managed data holdings, services, and on-demand company, InteleNet Communications, has been chosen to provide colocation and managed hosting services [...]
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Market Wire (Free subscription) | 06/30/2008
IRVINE, CA (MARKET WIRE) InteleNet Communications, a Managed Data Holdings Company and a leader in colocation, managed services and on-demand managed hosting services that serves business customers throughout the Orange County and Southern California region, announced today that it has been chosen to provide colocation and managed hosting services to Standard Pacific Corp.
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Market Watch (Free subscription) | 06/30/2008
BOSTON (MarketWatch) -- Standard Pacific Corp. Monday said it has closed the first part of the previously announced $530 million equity commitment from MatlinPatterson Global Advisers LLC. MatlinPatterson purchased about $381 million of a new series of Standard Pacific senior convertible preferred stock, the company said. This closing was contingent upon Standard Pacific amending its bank credit facilities,...
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PR News Wire (Free subscription) | 06/16/2008
IRVINE, Calif., June 16 /PRNewswire-FirstCall/ -- In anticipation of an
upcoming homebuilder investor conference and in compliance with Regulation
FD, Standard Pacific Corp. (NYSE: ) today reported preliminary new home
order comparisons for April and May 2008.
Overall, net new home orders (excluding discontinued operations) for
the first two months of the 2008 second quarter were down 12% from the...
