Vringo (VRNG) Says Shareholders Should Vote in Favor of Innovate/Protect Merger
Tweet Send to a Friend
Up)
Vringo, Inc. (AMEX: VRNG) will hold its annual meeting of stockholders on Thursday, July 19. Vringo stockholder approval is required for Vringo to close its pending merger with Innovate/Protect, Inc., an intellectual property firm whose wholly-owned subsidiary, I/P Engine, Inc., holds eight patents that were acquired from Lycos, Inc.
"One of Vringo's strengths is its strong base of individual stockholders. Every vote counts and is very important, regardless of how many shares a stockholder owns. We encourage Vringo stockholders to vote immediately. Stockholders may contact Vringo's proxy solicitor, Morrow & Co. at (888) 813-7566 for assistance in voting their shares," said Andrew D. Perlman, Chief Executive Officer of Vringo.
The boards of directors of both Vringo and Innovate/Protect have unanimously approved the merger. The board of directors of Vringo recommends that Vringo stockholders vote FOR each of the proposals presented.
"Speaking on behalf of Innovate/Protect, we are very excited about the anticipated closing of the merger with Vringo. The Innovate/Protect and Vringo management teams will combine our talents and personnel to execute our vision for the future of the company,” said Alexander R. Berger, Chief Operating Officer of Innovate/Protect.
Stockholders of record as of the close of business on June 8, 2012 have received proxy materials and voting instructions via U.S. Mail or electronically.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
"One of Vringo's strengths is its strong base of individual stockholders. Every vote counts and is very important, regardless of how many shares a stockholder owns. We encourage Vringo stockholders to vote immediately. Stockholders may contact Vringo's proxy solicitor, Morrow & Co. at (888) 813-7566 for assistance in voting their shares," said Andrew D. Perlman, Chief Executive Officer of Vringo.
The boards of directors of both Vringo and Innovate/Protect have unanimously approved the merger. The board of directors of Vringo recommends that Vringo stockholders vote FOR each of the proposals presented.
"Speaking on behalf of Innovate/Protect, we are very excited about the anticipated closing of the merger with Vringo. The Innovate/Protect and Vringo management teams will combine our talents and personnel to execute our vision for the future of the company,” said Alexander R. Berger, Chief Operating Officer of Innovate/Protect.
Stockholders of record as of the close of business on June 8, 2012 have received proxy materials and voting instructions via U.S. Mail or electronically.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Correct: Buying Warner Chilcott plc (WCRX) Seen as Takeover Defense by Actavis (ACT)
- Yahoo (YHOO) Looks to Buy 'Cool' With $1B Deal for Tumblr
- Celsion (CLSN) Higher After ThermoDox HEAT Study Findings Reviewed
Create E-mail Alert Related Categories
Corporate News, Mergers and Acquisitions
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
