Eaton (ETN), Cooper (CBE) Send Out Joint Proxy to Holders Per Irish Takeover Rules
Tweet
Share
E-mailGet Alerts ETN Hot Sheet
Join SI Premium – FREE
Eaton Corp. (NYSE: ETN) nd Cooper Industries plc (NYSE: CBE) announce, for purposes of the Irish Takeover Rules, that the definitive Joint Proxy Statement/Prospectus (comprising the definitive Scheme Document required under Irish law) is being sent as of today’s date to the shareholders of Eaton and Cooper.
The definitive Joint Proxy Statement/Prospectus contains, among other things, information relating to the proposed acquisition of Cooper by Eaton through the formation of a new holding company incorporated in Ireland, the scheme of arrangement, and the transaction agreement. The definitive Joint Proxy Statement/Prospectus sent to Eaton’s and Cooper’s shareholders, respectively, also contains notices of the relevant meetings of Eaton’s and Cooper's shareholders, respectively, that have been scheduled in connection with the transaction.
As previously announced, the shareholder meetings of both companies have been scheduled for October 26, 2012. Eaton’s special meeting will be held at 3 p.m. Eastern time, at Eaton Center, located at 1111 Superior Avenue, Cleveland, Ohio. Both meetings of the Cooper shareholders will be held at the Chase Tower located at 600 Travis Street, Houston, Texas. The first meeting, which is convened by order of the Irish High Court, will be held at 11:00 a.m. Central time. Following this meeting, the extraordinary general meeting of Cooper shareholders will be held at 11:10 a.m. Central time (or, if later, as soon possible after the conclusion or adjournment of the first meeting).
The definitive Joint Proxy Statement/Prospectus contains, among other things, information relating to the proposed acquisition of Cooper by Eaton through the formation of a new holding company incorporated in Ireland, the scheme of arrangement, and the transaction agreement. The definitive Joint Proxy Statement/Prospectus sent to Eaton’s and Cooper’s shareholders, respectively, also contains notices of the relevant meetings of Eaton’s and Cooper's shareholders, respectively, that have been scheduled in connection with the transaction.
As previously announced, the shareholder meetings of both companies have been scheduled for October 26, 2012. Eaton’s special meeting will be held at 3 p.m. Eastern time, at Eaton Center, located at 1111 Superior Avenue, Cleveland, Ohio. Both meetings of the Cooper shareholders will be held at the Chase Tower located at 600 Travis Street, Houston, Texas. The first meeting, which is convened by order of the Irish High Court, will be held at 11:00 a.m. Central time. Following this meeting, the extraordinary general meeting of Cooper shareholders will be held at 11:10 a.m. Central time (or, if later, as soon possible after the conclusion or adjournment of the first meeting).
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Baird Starts Eaton Corporation (ETN) at Outperform
- Denarius Metals acquires 15% stake in Copper Giant, Trafigura invests
- Home Depot expands executive roles, grants $500K in restricted stock
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsSign 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!
