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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (2084)	6/13/2009 7:31:56 AM
From: jrhana	Read Replies (1) \| Respond to of 3862

Sounds like a strange deal. I assume they still are a SPAC so they will have to get this thing approved. On year more of life for a warrant holder for raising the strike price from $7.50 to $13? Don't know If I would go for that.

To: Glenn Petersen who wrote (2084)	10/27/2009 7:56:43 AM
From: Glenn Petersen	Read Replies (1) \| Respond to of 3862

The shareholders of Capitol Acquisition Corp. (stock symbol: [t]CLA[/t]) has approved the acquisition of Two Harbors: Capitol Acquisition and Two Harbors Announce Approval of Merger Transaction Press Release Source: Capitol Acquisition Corp. On 10:24 am EDT, Monday October 26, 2009 NEW YORK, Oct. 26 /PRNewswire-FirstCall/ -- Capitol Acquisition Corp. ("Capitol") (NYSE Amex: CLA; CLA.U; CLA.WS) and Two Harbors Investment Corp. ("Two Harbors") announced that Capitol's stockholders today approved the proposed merger transaction with Two Harbors at Capitol's special meeting of stockholders. The closing of the transaction is anticipated to occur no later than October 28, 2009. In addition to approving the business combination, Capitol's warrantholders also approved amendments to its warrants to (a) increase the exercise price of the warrants to $11.00 per share, (b) extend the expiration date of the warrants to November 7, 2013 and (c) limit a holder's ability to exercise the warrants in order to maintain the company's REIT status. Two Harbors Investment Corp. Two Harbors is a newly-formed Maryland corporation focused on investing in residential mortgage-backed securities. Two Harbors is headquartered in Minnetonka, Minnesota, and is externally managed and advised by PRCM Advisers, LLC, a wholly-owned subsidiary of Pine River Capital Management L.P. <snip> finance.yahoo.com