New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 6, 2014
08:19 EDTNHLDNational Holdings Corp receives letter from Iroquois Capital
National Holdings Corporation received a letter from Iroquois Capital Management, one of its largest shareholders. The letter states that Iroquois believes that recent unprecedented levels of M&A activity involving independent broker-dealers has created a window of opportunity for the company to achieve maximum value through a sale, and expresses "serious concerns" with the company's "lack of transparency in communicating" plans to either "seize this M&A opportunity" or otherwise "maximize value for shareholders as a standalone entity". Iroquois urges the Board and management to disclose details of deliberations regarding any potential third party acquisition offers. Iroquois states that its director nominees for the 2014 Annual Meeting intend to "ensure that the best interests of shareholder are properly served".
News For NHLD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for NHLD

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use