Hi Jon -- Yes, absolutely, the valuation data will be in the proxy statement, along with all sorts of other information on both Avalon and AHS including share data, information on management, etc. I think you're also mostly correct on the timing comments. Preparation, revision and finalization of the legal documents, including the proxy statement, should take at least a week but less than two weeks. The printing will take only a couple of days, and the mailing a couple more, but then you add USPS delivery time, plus the time it takes people's brokers to process and re-ship it to those for whom shares are held in street name. Assuming that the attorneys have already started work on the proxy materials, it looks to me like we should be receiving our packages the last week of January.
BTW, for those who have wondered about the approval vote, I calculate that "AVAL management," including AHS for this purpose, owns approximately 5.3 million of the current 13 million shares outstanding. This does not include shareholders of Avalon's subsidiary, ISI, who received 6.2 million shares at the time of Avalon's creation in 1997. So that leaves only about 1.5 million shares in the float, of which we on this thread own just shy of 1 million.
The above information reflect AHS's recent purchases of a total of 2.3 million shares. |
