| To: campe who wrote (24) | 4/1/1999 11:18:00 AM | | From: campe | | | |
Some "significant" volume yesterday and news today delaying merger vote, however, things seem to be moving along...
biz.yahoo.com
Thursday April 1, 10:32 am Eastern Time
Company Press Release
Nucleus Announces Special Shareholders Meeting
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--April 1, 1999-- Nucleus, Inc., formerly American General Ventures, Inc. (Nucleus) (OTC BB:NCLS - news), has scheduled a Special Shareholders Meeting to formally vote on its pending merger with Nucleus Holdings (Holdings).
The meeting will be held on Thursday, April 15, 1999, at 10:00 am, at the Hotel Monaco, 225 North Wabash Avenue, Chicago, Ill.
Nucleus has filed a Special Proxy Statement with the Securities and Exchange Commission with respect to this merger and will be mailing the Special Proxy on April 2, 1999, to shareholders of record as of March 8, 1999.
On October 30, 1998, Nucleus entered into a merger agreement with Holdings whereby all of the outstanding shares of Holdings would be exchanged for 5,307,109 newly issued Nucleus shares. The merger is intended to qualify as a tax-free reorganization within the meaning of a statutory merger as described in Section 368(a)(1)(A) of the Code and pooling of interests for accounting and financial reporting purposes. Completion of the transaction is subject to the approval of Nucleus' shareholders.
On December 8, 1998, in anticipation of the merger, American General Ventures changed its name to Nucleus and effected a one-share- for-ten-shares reverse stock split.
About Nucleus
Nucleus is a universal solutions provider, vertically integrating the delivery of information technology and communications. Nucleus offers a flexible suite of products and services, including Internet, intranet, wireless, build-to-order computers, computer hardware and software, and computer integration and maintenance services. Our product and service platform is aimed at enabling our clients to benefit from the convergence of computers and communications.
Contact:
Nucleus, Inc., Colorado Springs
Christopher Walker, 719/548-1616 x16 |
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| To: Green Receipt who wrote (26) | 4/1/1999 12:47:00 PM | | From: campe | | | |
Yup, you and me both...ain't gonna sell at these prices, so might as well watch the ticker, read the news, and hope for some form of recovery.
The float is still very tight, so if they start producing something of value, the price should go back up. |
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| To: JohnO who wrote (20) | 4/15/1999 2:41:00 PM | | From: campe | | | |
John, looks like the shareholder meeting this morning has renewed some confidence in some investors. I'm expecting some type of news on what went on besides the merger vote and election of BoD members.
Have you heard anything? |
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| To: campe who wrote (28) | 4/16/1999 12:39:00 PM | | From: Stephanie M | | | |
(BSNS WIRE) Nucleus Announces Completion of Merger
Nucleus Announces Completion of Merger
Business Editors
CHICAGO--(BUSINESS WIRE)--April 16, 1999--Shareholders approved
the merger between Nucleus, Inc., formerly known as American General
Ventures, Inc. (NASDAQ OTC-BB "NCLS") and Nucleus Holding Corporation
today at a Special Shareholders' Meeting.
In addition, John C. Paulsen, Mark P. Fera, J. Theodore Hartley,
Stephen M. Calk, and Jeffrey Wescott were elected to serve on the
Company's Board of Directors.
Mr. Paulsen was elected Chairman, President & Chief Executive
Officer, while Mr. Fera and Mr. Hartley will serve as Chief Operating
Officer and Chief Financial Officer, respectively. These directors
join Adriann Belinne and Steven H. Walker to comprise the Nucleus
Board.
Nucleus is a Convergent Solution Provider ("CSP"), leveraging the
Internet as the platform to deliver information technology and
communications.
--30--ajk/cgo*
CONTACT: Nucleus, Inc.
Ted Hartley, 312/683-9000
KEYWORD: COLORADO
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET MERGERS/ACQ
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
*** end of story ***
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| To: DAY TRADER who wrote (30) | 4/18/1999 6:01:00 PM | | From: Stephanie M | | | |
Interesting I forgot I even owned it. Does this just have to do with merger. I am in the dark does anyone know anything.
TIA
Steph |
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| To: DAY TRADER who wrote (33) | 4/18/1999 10:44:00 PM | | From: Blayton | | | |
Looks like a move to take over the corp. - notice it only moved 77K shares even with all of that price increase. people are holding on to it, and paying a premium to get more.
I had been holding mine, but sold on Fri. at 7 1/2 however. May get back in it there is a reason to; but it may be very hard. |
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