The company has also received various alternative recapitalization proposals
from other key stakeholders.
By contrast, mutual funds mark their securities to market daily and tend to evaluate recapitalization proposals
in the light of their current carrying value.
NYSE: SPG) ("SPG") today announced that it has withdrawn its fully financed acquisition and recapitalization proposals
for General Growth Properties, Inc.
AMEX:ION) (the "Company") today provided information related to the recapitalization proposals
it has received.
If approved by unitholders of record (as of January 24, 2006), the recapitalization proposals
would result in, among other things:
The Company and the Ad Hoc Committee have exchanged recapitalization proposals
and we believe we are narrowing the gap on our outstanding issues.
The sale agreement also permits the company to consider alternative sale or recapitalization proposals
The Board has two alternative recapitalization proposals
before it for consideration.
was retained by the Company as financial advisors and subsequently, in August 1995, was requested to undertake a broad process to actively contact a wide range of investors and oil and gas companies with a view to major asset dispositions, significant recapitalization proposals
and possible merger proposals with submissions requested by September 15, 1995.
This process has resulted in a variety of proposals being received ranging from merger and recapitalization proposals
to asset dispositions.
In view of recent developments Income Trustco has formally requested from the Secretary of State for International Financial Institutions additional time to secure and complete alternative recapitalization proposals