New Century Equity Holdings Corp begins stockholder solicitation to approve acquisition of Wilhelmina International, Ltd
Tue. January 06, 2009; Posted: 09:50 AM
Jan 06, 2009 (M2 EQUITYBITES via COMTEX) --
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PowerRating -- New Century Equity Holdings Corp (OTC BB: NCEH.OB), a company that
holds interest in ACP Investments LP which provides asset management
services, declared yesterday (5 January) that it is soliciting its
stockholders to vote on its proposed acquisition of Wilhelmina
International Ltd and its affiliated companies, including Wilhelmina
Models, Wilhelmina Miami, Wilhelmina Film & TV, Wilhelmina Artist
Management and certain related matters, the company
A
Last week, the definitive proxy statement regarding the acquisition has
been mailed to stockholders of record as of 19 December 2008 and the
proposals contained in it will be submitted to a vote of the
stockholders at the annual meeting to be held at 11:00 CST on 5
February 2009 at the company's headquarters in Dallas, Texas.
A
Wilhelmina Models, founded by Wilhelmina Cooper four decades ago is a
model management company representing women, men and children through
its offices in New York, Los Angeles and Miami. It developed a specific
division to represent talent in music, sports and entertainment, called
Wilhelmina Artist Management, which creates, develops and maintains the
brand identity of artists and athletes by securing fashion campaigns,
endorsements, marketing opportunities and tour sponsorships. The sports
roster also includes the recently created Wilhelmina 7.
The acquisition is expected to close in the first quarter of 2009, once
it is approved by the stockholders and the remaining closing conditions
are satisfied.
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