Churchill Announces Second Quarter 2009 Results Aug 13, 2009
22 in cash; or (iii) a combination thereof, subject to proration such that a maximum of $4. 6 million will be paid in cash. (CCNMatthews Press Releases)
Hurray! Reports Second Quarter 2009 Unaudited Financial Results Aug 13, 2009
Because 1,423,036,660 Shares (including Shares represented by ADSs) were validly tendered and not withdrawn, the resulting proration factor is approximately 81 ... Citibank, N.A., the ADS tender agent, has promptly issue checks as payment for the ADSs accepted for payment based on this proration factor and adjustments to avoid purchases of fractional ADSs ... Shanda has promptly wire the payments for the Shares accepted for payment based on this proration factor and adjustments to avoid purchase... (Yahoo! Wire -- Entertainment News)
First Bankshares, Inc., Parent of SuffolkFirst Bank, Reports Strong Tier 2 Capital of 15.19% After Recording a $444,000 Loss or 20 Cents per Share for Six Months Ending June 30, 2009 Aug 12, 2009
23 per share in cash subject to proration in the event the aggregate cash election exceeds 25% of the shares immediately prior to the effective time of the merger. Shareholders of Xenith will receive approximately 0. (PR Newswire)
Teachers find new ways to survive Aug 6, 2009
They say it's the new reality of teaching though proration ... "Proration is one of those things that kills us, and kids don't think anything about hitting a printer three, four, five times if the first time they hit the button it doesn't print," London said. (WSJA.com, AL)
Classroom funding cuts Aug 6, 2009
Published: Monday, August 3, 2009 8:22 AM CDT Statewide proration has educators scratching their heads wondering how they will provide for their classrooms this school year. Escambia County Superintendent Billy Hines said state allocations for teacher materials and supplies have been completely cut following Gov. Bob Riley s proration increase from 9 percent to 11 percent last week ... They had 400 last year and if they did not use it all, if they saved any, and most of them didn t because when... (Atmore Advance, AL)
Pinching pennies for pencils Aug 4, 2009
They had $400 last year and if they did not use it all, if they saved any, and most of them didn t because when proration hits usually the state has the option to take it away, so most of our teachers went ahead and spent it. Hines said those teacher with money left have until Sept. 30 to spend the money or it s gone. (Brewton Standard, AL)
HealthTronics, Inc. Announces the Final Results of Exchange Offer and Completion of Its Acquisition of Endocare, Inc. Jul 28, 2009
7764 of a share of newly-issued HealthTronics common stock, in each case subject to proration. HealthTronics will deliver a letter of election and transmittal to these holders to enable them to make the election. (Primezone Releases)
School funds cut again Jul 28, 2009
Governor adds to proration ... Published: Monday, July 27, 2009 8:14 AM CDT An increase in education cuts for the rest of the fiscal year is a hard pill to swallow, but local school officials said they will cope with the latest round of proration ... Gov. Bob Riley on Friday announced the level of proration will go up to 11 percent for the rest of the budget year, which ends Sept. 30. (Brewton Standard, AL)
A superior offer Jul 20, 2009
This is subject to proration based on aggregate maximum cash amount payable to all Moto shareholders of $244 million. "Assuming full take-up of the cash alternative Randgold would expect to issue a total of approximately 3.9 million shares (including shares represented by ADSs) and pay a total cash amount of approximately $244 million to Moto shareholders," Randgold said in a regulatory notice. (Business Report, South Africa)
Flextronics Announces Receipt of Requisite Consents in its Partial Tender Offer and Consent Solicitation for its 6 1/2% and 6 1/4% Senior Subordinated Notes Jun 20, 2009
00 per $1,000 principal amount of 6 1/4% Notes for 6 1/4% Notes for which consents were validly delivered (and not validly revoked) prior to the Early Tender/Consent Deadline without the tender of the related 6 1/4% Notes and for 6 1/4% Notes that were validly tendered (and not validly withdrawn) prior to the Early Tender/Consent Deadline but which are not accepted for purchase due to proration ... If the aggregate principal amount of 6 1/2% Notes or 6 1/4% Notes tendered exceeds the... (PR Newswire)
Caza Oil & Gas, Inc.: Exploration Update May 14, 2009
If successful, each well is expected to set up numerous development locations on government approved proration units of 160 acres per well. In addition to these prospects and initial wells, the agreed work program and budget currently includes six additional prospects for potential drilling and testing in 2009, including: Moore Cap #3; Las Animas; Bongo; Soledad Creek; and Round Tank prospects. (CCNMatthews Press Releases)
FMX Ventures Inc.: Financial Statements and MD&A for the 12 Months Ended December 31, 2008 May 9, 2009
Under a separate direction, the balance of any escrow funds was to be paid to the Series I debenture holders, in the same proration as their original holdings, on November 1, 2008. On November 1, 2008, the $300,000 was paid to the Series I debenture holders. (CCNMatthews Press Releases)
Local school officials watch as education budget goes to House Apr 28, 2009
Last fall, Gov. Bob Riley announced proration for the current fiscal year education budget meaning schools would receive less money than they had budgeted because of shortfalls in state revenue. Lawmakers budget for education and the general fund based on projected revenue. (Brewton Standard, AL)
Profound Energy Inc. Announces Approval of Private Placement Apr 13, 2009
394 of a Paramount trust unit; or (iii) a combination of cash and Paramount trust units, subject to proration on the basis of a maximum of $15 million in cash and approximately 11. 6 million Paramount trust units. (CCNMatthews Press Releases)
Xinhua Finance Limited (TSE: 9399) Announces a Tender Offer for up to US$5,071,000 Aggregate Principal Amount of Its Outstanding Notes Mar 25, 2009
Any tendered Notes not purchased due to proration will be returned to the Holder thereof as promptly as practicable after the Payment Date. There is no condition that any minimum amount of Notes must be tendered in the tender offer for the Company to accept the Notes for payment. (PR Newswire)
Global Sources reports fourth quarter and year-end 2008 results Mar 12, 2009
25 million common shares were tendered by shareholders, the final proration percentage of tendered shares finally accepted was 15. 977642. (PR Newswire)
XFL (TSE: 9399) Announces Completion of its Tender Offer for up to US$41,701,000 Aggregate Principal Amount of its Outstanding Senior Guaranteed Notes Due 2011 Mar 11, 2009
Any tendered Notes not purchased due to proration will be returned to the Holders thereof as promptly as practicable after March 11, 2009 (the "Payment Date"). Holders of the Notes whose Notes were accepted for purchase will receive 100% of the principal amount of the tendered Notes (the "Purchase Price"), plus accrued and unpaid interest thereon from the most recent payment of interest preceding the Payment Date, up to, but not including the Payment Date (the "Accrued Interest"), as adjusted on... (PR Newswire)
No comments posted. Mar 4, 2009
Bracing for proration. Bracing for proration ... Published: Sunday, March 1, 2009 11:10 PM CST Chief School Financial Officer Julie Madden s calculator has been working overtime as she prepared to put proration into perspective for Escambia County School Board members Thursday afternoon. (Atmore Advance, AL)
Bracing for proration Mar 2, 2009
Published: Sunday, March 1, 2009 11:10 PM CST Chief School Financial Officer Julie Madden s calculator has been working overtime as she prepared to put proration into perspective for Escambia County School Board members Thursday afternoon ... Madden then explained in detail the system s budget amendment, which reflected the nine percent proration the county was dealt last year ... Under proration, the county s foundation program allocations, which are funded by the state, will be cut by a total... (Atmore Advance, AL)
Zargon Energy Trust to Acquire Masters Energy Inc. Mar 2, 2009
83 in value for each Masters common share, comprising, at the election of each shareholder, cash or trust units of Zargon or a combination thereof, subject to proration such that 20 percent of the total consideration will be paid in cash and 80 percent of the total consideration will be paid in Zargon trust units. The proposed transaction is valued at approximately $41. (CCNMatthews Press Releases)
Celestica Inc. announces cash tender offer for its 7.875% Senior Subordinated Notes due 2011 Feb 27, 2009
The "Total Consideration" for each $1,000 principal amount of Notes validly tendered (and not validly withdrawn) pursuant to the Offer at or prior to the Early Tender Date and which are accepted for purchase by Celestica pursuant to the Offer (subject to proration) will be equal to the Clearing Price (as defined below) ... The price at which Notes were validly tendered (before the subtraction of the Early Tender Payment with respect to Notes validly tendered after the Early Tender Date) will be... (PR Newswire)
Meeting the challenge (377) Feb 19, 2009
4 million in School Improvement Reward funds, but the amount was reduced due to proration ... McKenzie said she is especially grateful for the award following December s proration declaration ... During this money crunch due to proration, any monetary gift is a blessing, she said. (Atmore Advance, AL)
