To: Glenn Petersen who wrote (680 ) 12/20/2006 8:57:50 AM From: Glenn Petersen Read Replies (1) | Respond to A competitor of Sprinturf, who owns 100 shares of MSMA, has gone to court in an attempt to prevent the December 21 MSMA shareholders meeting, at which the shareholders of MSMA are being asked to approve the acquisition of Sprinturf. If the management of MSMA is unable to complete the acquisition of Sprinturf by December 23, they will be required to liquidate the company. A hearing is scheduled for 10:00 a.m. EST this morning. Millstream II Acquisition Corporation Announces It Was Served With a Complaint Seeking to Enjoin the Special Meeting of Stockholders Scheduled for December 21, 2006 The plaintiff, David Moskowski, states that he is the holder of 100 shares of Millstream II common stock. The plaintiff identifies himself as a senior vice president of Fieldturf Tarkett, Inc., a competitor of Sprinturf. The plaintiff alleges that Millstream II failed to give proper notice of the special meeting as required by the Delaware General Corporation Law. The plaintiff's action requests that a temporary injunction be granted to prevent the special meeting from being held and that an order be granted requiring Millstream II to proceed with a plan of liquidation and dissolution. The Court has scheduled a telephonic Temporary Restraining Order hearing for 10:00 a.m., Wednesday, December 20, 2006. biz.yahoo.com
