Although he failed to win, the court criticized shareholder meetings
that were mostly staged and controlled by loud employees, warning that: "If a corporation arranges rehearsals for the meeting in order to expedite proceedings with shouting, such a shareholder meeting
might be invalid.
The NWNL shareholder meeting
to vote on the proposed merger transaction will begin at 9 a.
Phillip Goldstein, a co-manager of Full Value Partners, commented: "The law requires the board to call a shareholder meeting
This shareholder meeting
provided an excellent opportunity to further inform our shareholders as we strengthen our brand and intellectual property portfolios through acquisitions and internal new drug development.
Further details about the annual shareholder meeting
and the recommendations of the Trustees will be included in a proxy statement filed with the Securities and Exchange Commission and mailed to Fund shareholders in advance of the shareholder meeting
Under Longview's bylaws, the Company is required to hold a special shareholder meeting
upon receipt of demands from shareholders representing at least 10 percent of the Company's outstanding shares.
Proposals 4A, 4B, 4C, 4D, and 4G pertained, respectively, to: unlimited voting rights for common stock (4A); the elimination of Series A Preferred stock (4B); shareholder proposals for shareholder meetings
(4C); the elimination of provisions relating to "Acquiring Entities" (4D); and, the indemnification of directors and officers (4G).
The shareholder meeting
will conduct the business of ratifying the Board of Directors, and ratifying Pender Newkirk & Company, CPAs as its independent auditing firm.
on January 3, 2005, indicating that, because Hollywood did not comply with Marketplace Rules 4350(e) and 4350(g) requiring Hollywood to hold an annual shareholder meeting
in 2004 and solicit proxies for that meeting, its securities are subject to delisting from The Nasdaq National Market at the opening of business on January 12, 2005.
materials will be prepared and mailed in the middle of February, 2005 with shareholder meetings
for each of the companies scheduled for March, 2005.
Each joint shareholder meeting
has been scheduled for Thursday, January 13, 2005 at 11:00 a.
This proposal regarding the creation of a holding company structure is scheduled to be voted on at a special shareholder meeting
set for December 8, 2004.