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Stock Market & Financial Investment News

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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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October 27, 2014
08:12 EDTEMITFElbit Imaging announces sale of the operation of 'Mango'
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