Blank Check IPOs (SPACS) Message Board

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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (2151)	9/23/2009 9:07:35 PM
From: Glenn Petersen	Read Replies (2) of 3862

GHL Acquisition Corp. Announces Stockholder Approval of Acquisition of Iridium Holdings LLC NEW YORK, Sept. 23 /PRNewswire-FirstCall/ -- GHL Acquisition Corp. ("GHL Acquisition") (NYX: GHQ, GHQ.WS and GHQ.U) announced today that its stockholders have voted to approve its acquisition of Iridium Holdings LLC ("Iridium"). The stockholders of GHL Acquisition also approved all of the other proposals which came before the special meeting of the stockholders held today. Holders of 9,214,167 shares voted against the acquisition of Iridium and have submitted valid elections to seek redemption of their shares of common stock. The acquisition of Iridium is expected to close on September 29, 2009, subject to the satisfaction of customary closing conditions. "We are very pleased with the outcome of the vote, and look forward to welcoming all our new shareholders to the combined company," said Scott L. Bok, chairman of GHL Acquisition. <snip> news.prnewswire.com

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