Advanced Gravis Computer Technology Ltd. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Advanced Gravis Computer Technology Ltd.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim geis who wrote (1698)	1/14/1997 9:07:00 PM
From: John Stopforth	of 1780

Shareholder Approval News Release ADVANCED GRAVIS COMPUTER TECHNOLOGY LTD. ANNOUNCES SHAREHOLDER APPROVAL OF PLAN OF ARRANGEMENT VANCOUVER, Jan. 14 /CNW/ - Advanced Gravis announced today that the Company's proposed Plan of Arrangement with Pyramid Acquisition Corp., announced December 9, 1996, was approved today at an Extraordinary General Meeting of its shareholders in Vancouver. The special resolution approving the Plan of Arrangement was approved by 97.6% of the shares voted at the Meeting. The Plan of Arrangement provides for Pyramid to acquire for $0.50 per share all of the outstanding Common Shares which it had not acquired as part of Pyramid's tender offer for Gravis' Common Shares completed in September 1996. Final approval of the Plan of Arrangement remains subject to approval by the British Columbia Supreme Court, which the Company has applied to obtain. Advanced Gravis is a leader in the PC entertainment market. It designs, manufactures and markets joysticks, GamePads and high-end sound cards for both Macintosh and IBM-compatible computers to customers worldwide. K. Michael Cooper, President & CEO

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next