logo
Share SHARE
FONT-SIZE Plus   Neg

El Paso Plans To Adjourn Special Meeting Of Stockholders Scheduled On March 6

El Paso Corp. (EP) said it intends to adjourn the special meeting of its stockholders scheduled for 9:00 a.m. local time on March 6, 2012 without conducting any business, and to reconvene the special meeting at 9:00 a.m., local time on March 9, 2012. The location of such reconvened special meeting will be at the Hyatt Regency Houston, 1200 Louisiana Street, Houston, TX 77002, the same location as the special meeting scheduled for March 6, 2012.

The company noted that the record date for stockholders entitled to vote at the special meeting remains January 20, 2012. El Paso intends to adjourn the meeting in order to provide stockholders of El Paso with additional time to consider the February 29th Delaware Chancery Court Opinion in In re El Paso Corp. Shareholder Litigation.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
PayPal has agreed to buy Xoom, a digital money transfer provider, for $890 million in cash. Following the announcement, Xoom shares jumped 22 percent in after-hours trade on the Nasdaq. Discount retailer Family Dollar Stores Inc., which is being acquired by rival Dollar Tree Inc., said Wednesday after the markets closed that its third quarter profit fell slightly from last year, due mainly to a higher effective tax rate. The company's quarterly earnings per share, excluding items, also came in below analysts' expectations. Most of the major automakers, except General Motors Co. (GM), Wednesday reported improved sales results for June, as strong sales of trucks and SUVs continued to help offset weak car sales. Nonetheless, GM's June U.S. sales dropped 3 percent to 259,353 units from 267,461 units last year. The drop...
comments powered by Disqus
Follow RTT