BIDZ.COM (BIDZ) Extends Merger Deadline in Preperation for Closing

October 4, 2012 4:07 PM EDT Send to a Friend
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As previously announced, on September 27, 2012, BIDZ.com, Inc. (Nasdaq: BIDZ) held its annual meeting of stockholders. At the annual meeting, each proposal presented at the annual meeting was approved by the required vote of Bidz.com stockholders, including the adoption of the merger agreement with Glendon Group, Inc. As previously announced, each condition to Glendon Group's obligation to close the merger has been satisfied.

On October 4, 2012, BIDZ announced that it has agreed to extend the deadline for Glendon Group to close the merger for an additional five business days until October 10, 2012.


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