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

To: Glenn Petersen who wrote (2223)	12/14/2009 8:21:40 PM
From: Glenn Petersen	Respond to of 3862

The shareholders of United Refining (stock symbol: [t]URX[/t] has rejected the company's proposed transaction. The company will liquidate. United Refining Energy Corp. Announces Termination of Chaparral Energy, Inc. Merger Agreement Press Release Source: United Refining Energy Corp. On 8:28 pm EST, Friday December 11, 2009 NEW YORK, NY--(Marketwire - 12/11/09) - United Refining Energy Corp. (the "Company") (AMEX:URX - News) (AMEX:URX.U - News) (AMEX:URX.WT - News) announced that the proposed business combination with Chaparral Energy, Inc. did not receive the stockholder vote required for approval despite the support of the Company's warrantholders. The warrantholder proposal was approved by more than a majority in interest of the warrantholders. The Company will promptly notify the trustee to begin distributing proceeds from the trust account as soon as practicably possible. <snip> finance.yahoo.com