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Stock Market & Financial Investment News

News Breaks
July 6, 2014
12:59 EDTEMITFElbit Imaging unit sells 1.7M shares of PPHE Hotel Group for GBP6M
Elbit Imaging announced that its wholly owned subsidiary entered into a transaction for the sale of 1.7M shares of PPHE Hotel Group for a net consideration of GBP 6M or U.S $10.2M. The transaction's settlement date is expected to occur at July 8.
News For EMITF From The Last 14 Days
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August 22, 2014
09:31 EDTEMITFElbit Imaging announces effectiveness of reverse share split
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August 19, 2014
05:11 EDTEMITFGamida Cell announces investment, option agreement with Novartis
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August 14, 2014
06:49 EDTEMITFElbit Imaging approves one-for-twenty reverse share split
Elbit Imaging's shareholders approved a one-for-twenty reverse share split of the company's ordinary shares. The previously announced split will become effective at 5:00 p.m. NY time on Thursday, August 21, such that the shares will start trading on a reverse split-adjusted basis upon the open of trading on the NASDAQ Global Select Market on Friday, August 22. The reverse share split is intended to increase the per share trading price of the company's ordinary shares to satisfy the $1.00 minimum bid price requirement for continued listing.

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