SI
SI
discoversearch

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.
Technology Stocks : Audio and Radio on the Internet- NAVR

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: southbound who wrote (15983)5/3/1999 11:03:00 AM
From: Annette  Read Replies (2) of 27722
 
from the s1a---

AFTER THIS OFFERING, NAVARRE AND VALUEVISION, ACTING TOGETHER, WILL HAVE THE
ABILITY TO CONTROL THE VOTE ON ALL MATTERS SUBMITTED TO OUR SHAREHOLDERS
Navarre and ValueVision will beneficially own approximately 66% of our
outstanding common stock after this offering, 62% if the over-allotment option
granted by us is exercised in full. As a result, Navarre and ValueVision
together will have the ability to control the vote on all matters submitted to
shareholders for approval, including, but not limited to, the election of all
directors, and any merger, consolidation or sale of all or substantially all of
our assets, and to control our management and affairs. This concentration of
ownership may have the effect of delaying, deferring or preventing a third party
from acquiring us.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext