Examples of Luxor Group in a sentence
The PW Partners / Luxor Group, which collectively owns approximately 16% of the Company’s outstanding shares, has agreed to vote its shares for the Company’s nominees at the upcoming 2014 Annual Meeting.
Both have been outstanding directors and have served with distinction.” The agreement with PW Partners / Luxor Group will be filed on a Form 8-K with the Securities and Exchange Commission.
Agreement with Forbes & Manhattan On February 7, 2012, Luxor, a U.S.-based investment fund manager, announced that it had acquired an aggregate of approximately 170,618,271 common shares of the Company which, together with the common shares already owned or controlled by the Luxor Group, represented approximately 70% of the outstanding common shares of the Company.
RELATED PARTY DISCLOSURES (continued) Agreement with Forbes & ManhattanOn February 7, 2012, Luxor, a U.S.-based investment fund manager, announced that it had acquired an aggregate of approximately 170,618,271 common shares of the Company which, together with the common shares already owned or controlled by the Luxor Group, represented approximately 70% of the outstanding common shares of the Company.
The PW Group and the Luxor Group are collectively referred to herein as the “Group”.
On February 7, 2012, Luxor announced that as of 5:00 p.m. that day the Increased Offer had expired and that an aggregate of approximately 170,618,271 Common Shares of the Company which, together with the Common shares already owned or controlled by the Luxor Group, represented approximately 70% of the outstanding Common Shares of the Company, were validly deposited under the Increased Offer.
Following the close of trading on January 20, 2012, Cormark made a presentation and delivered the Fairness Opinion to the Special Committee, which concluded that the consideration being offered to Shareholders pursuant to the Increased Offer was fair, from a financial point of view, to Shareholders (other than the Luxor Group).
RELATED PARTY DISCLOSURES (continued) Agreement with Forbes & ManhattanOn February 7, 2012, Luxor, a U.S.-based investment fund manager, announced that it had acquired an aggregate of approximately 170,618,271 Common Shares of the Company which, together with the Common shares already owned or controlled by the Luxor Group, represented approximately 70% of the outstanding Common Shares of the Company.
RELATED PARTY DISCLOSURES On February 7, 2012, Luxor Capital Group, LP (“Luxor”) announced that it had acquired an aggregate of approximately 170,618,271 Common Shares of the Company which, together with the Common shares already owned or controlled by the Luxor Group, represented approximately 70% of the outstanding Common Shares of the Company.
On January 20, 2012, the Board of Directors was presented with a proposal from the Luxor Group that contemplated among other things, an increased price of C$0.62 per Common Share (the “Increased Offer”), subject to further negotiation of other outstanding material issues.