New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 9, 2012
18:46 EDTABH
theflyonthewall.com: AbitibiBowater announces termination of Fibrek's Shareholder Rights Plan
AbitibiBowater Inc., doing business as Resolute Forest Products (ABH) announced that the Bureau de decision et de revision (Quebec) has ordered that all rights and securities issued or issuable under the shareholder rights plan of Fibrek be cease traded effective as of 3:00 p.m. (EST) on February 13. :theflyonthewall.com



News For ABH From The Last 14 Days
Check below for free stories on ABH the last two weeks.
There are 4 items on the Fly with pertinent information.
Sign up for a free trial to see the rest of the stories you've been missing.
May 22, 2012
18:17 EDTABH
theflyonthewall.com: Resolute Forest Products authorizes repurchase program

Subscribe for More Information
:theflyonthewall.com

May 18, 2012
05:17 EDTABH
theflyonthewall.com: Resolute increases qwnership of Fibrek to 74.56% and closes offer
AbitibiBowater, dba as Resolute Forest Products, announced that it has taken up and accepted for payment 4,762,192 additional shares of Fibrek deposited to its offer as of the close of business May 17. Together with the shares the company acquired up to and including May 14, Resolute holds approximately 74.56% of the currently outstanding Fibrek shares. As aggregate consideration for the shares taken up today, Resolute will distribute approximately 135,000 newly-issued shares of its common stock and CAD$2.6M in cash through RFP Acquisition Inc., a wholly-owned subsidiary. The Resolute offer expired at 5:00 p.m. RT on May 17. Resolute intends to carry out a second step transaction to acquire the Fibrek shares not deposited in the offer. With more than 66 2/3% of the Fibrek shares having been deposited to and taken up by Resolute under its offer, Resolute is in a position to cause a second step transaction to be approved by Fibrek's shareholders at a special meeting of shareholders to be convened and held for such purpose. :theflyonthewall.com

May 15, 2012
05:14 EDTABH
theflyonthewall.com: Resolute now owns 70.9% of Fibrek; May 17 is final expiry date of offer

Subscribe for More Information
:theflyonthewall.com

May 10, 2012
05:53 EDTABH
theflyonthewall.com: Resolute and Fibrek cooperating for smooth transition

Subscribe for More Information
:theflyonthewall.com