Liberate Split Vote: Nov. 9
By MCN Staff
published Liberate Technologies established Nov. 9 as the record date for the stockholder vote on its proposed reverse stock split.
The interactive-TV vendor said it will file a definitive proxy statement on the split and mail it to shareholders “as soon as possible” after Nov. 9.
Liberate’s board approved a reverse 1-for-250,000 split of common stock, to be followed immediately by a forward 250,000-for-1 split, subject to stockholder approval, June 16.
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