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Latest Special Committee Stories

2014-09-04 08:26:36

HONG KONG, September 4, 2014 /PRNewswire/ -- Shanda Games Limited (NASDAQ: GAME, "Shanda Games" or the "Company"), a leading online game developer, operator and publisher in China, today announced that the Company's board of directors (the "Board") has reconstituted the special committee of independent directors (the "Special Committee") formed by the Board to evaluate the preliminary non-binding proposal dated January 27, 2014 (the "Proposal") received by the Board from Shanda...

2014-08-11 08:33:57

Forward Industries Comments on Derogatory and Disparaging Press Release Issued by Wise Relating to His Scorched-Earth Litigation Strategy WEST PALM BEACH, Fla., Aug. 11, 2014 /PRNewswire/ -- Forward Industries, Inc. (NASDAQ: FORD) today commented on a press release issued by Terence Bernard Wise, a director of Forward, announcing that Mr. Wise had withdrawn his motion for a preliminary injunction that sought to prevent the members of the Special Committee of the Board from voting on...

2014-04-30 08:20:47

ZHANGZHOU, China, April 30, 2014 /PRNewswire/ -- The Special Committee of the Board of Directors of China Zenix Auto International Limited (NYSE: ZX) ("the Company") today announced that it has retained American Appraisal China Limited to provide valuation services and Morrison & Foerster LLP as its special legal advisor to assist the Special Committee in its work. As previously announced, the Special Committee was established to, among other things, consider the preliminary...

2014-02-03 16:26:59

DALLAS, Feb. 3, 2014 /PRNewswire/ -- SWS Group, Inc. (NYSE: SWS) today announced that its Board of Directors has formed a Special Committee, comprised of independent directors not affiliated with Hilltop Holdings Inc. (NYSE: HTH) or Oak Hill Capital Partners, to review Hilltop's unsolicited acquisition proposal. The members of the Special Committee are Robert A. Buchholz, Tyree B. Miller and Joel T. Williams III. As previously announced, on January 10, 2014, SWS Group received an...

2014-01-24 16:21:44

Sirius XM and Liberty Media Defer Balance of Share Repurchase to April 2014 NEW YORK, Jan. 24, 2014 /PRNewswire/ -- SiriusXM announced today that the Special Committee of its Board of Directors has retained Evercore Group L.L.C. to act as its financial advisor and Weil, Gotshal & Manges LLP to act as its legal counsel to assist and advise the Special Committee in connection with its evaluation of Liberty Media Corporation's proposal to acquire all of the outstanding shares of...


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  • The ragged surface of a lava-flow.
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