Overture shareholders to vote on proposed acquisition by Yahoo

News Broadband United States 3 SEP 2003
Overture shareholders to vote on proposed acquisition by Yahoo
Overture Services, provider of commercial search services on the internet, will hold a special meeting of stockholders on 7 October 2003 for the purpose of asking stockholders to consider and vote upon a proposal to approve the company's previously announced agreement to be acquired by Yahoo! All Overture common stockholders of record at the close of business on August 27, 2003 will be entitled to vote at the meeting. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in relation to the previously announced agreement for Yahoo! to acquire Overture, has expired. The termination of this waiting period satisfies one of the conditions for Yahoo!'s acquisition of Overture. The acquisition remains subject to other customary closing conditions, including stockholder approval.

Categories:

Countries: