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

To: Glenn Petersen who wrote (2106)	10/8/2009 7:58:33 AM
From: Glenn Petersen	Respond to of 3862

The shareholders of Global Consumer Acquisition Corp. (stock symbol: [t]GHC[/t]) have approved the company's proposal to become a Nevada-based bank holding company, Western Liberty Bancorp. Global Consumer Acquisition Corp. Announces Stockholder Approval to Become Western Liberty Bancorp Press Release Source: Global Consumer Acquisition Corp. On 12:43 pm EDT, Wednesday October 7, 2009 NEW YORK, Oct. 7 /PRNewswire-FirstCall/ -- Global Consumer Acquisition Corp. (NYSE AMEX: GHC) (the "Company") announced today that at the Company's special meeting of shareholders and warrant holders, the Company received stockholder approval for certain amendments to the Company's certificate of incorporation, for the release of the Company's trust account, in addition to shareholder approval for the transaction to become Western Liberty Bancorp, a Nevada banking institution. "We are delighted with the substantial shareholder support for our proposals," commented Jason Ader, Chairman of Western Liberty Bancorp. "We remain excited for the opportunities we see in providing capital to banking institutions in Nevada and the Southwest." As of October 8, 2009, the Company will change its name to Western Liberty Bancorp and the ticker symbol for the Company's common stock will become WLBC. Proskauer Rose LLP acted as legal counsel to the Company. JMP Securities and Jefferies & Company acted as financial advisors to the Company. <snip> finance.yahoo.com