Huntsman's Meeting delays due to pending merger & litigation
07 Oct '08
1 min read
Huntsman Corporation announced that, in order to assure compliance with annual meeting requirements of the New York Stock Exchange, it is taking steps to hold its 2008 annual meeting of stockholders on November 19, 2008.
Peter R. Huntsman, President and CEO of Huntsman Corporation, stated: “The annual meeting had been postponed pending completion of the merger with Hexion, but in light of the delays caused by the litigation initiated by Hexion, and in order to assure compliance with annual meeting requirements, we are taking steps to prepare to hold the annual meeting for 2008.
We, of course, are continuing to seek consummation of the merger and this announcement nor our planning an annual meeting has any effect on that.”
The exact time and location of the meeting will be included in the definitive proxy statement, which will be filed with the Securities and Exchange Commission and sent to stockholders prior to the meeting.