The Vote is In – ASA International Going Private

Sunday, November 14th, 2004 | Going Private Transactions, Special Situations Real Money Portfolio with No Comments »

On Friday, November 12, ASA International announced that its stockholders approved the 1-600 reverse stock split and the payment of $5.00 per share for those owning less than 600 shares before the reverse split.

It looks like my hopes to gain more than $5.00 per share have been dashed. However, I’m still happy with the $5.00 per share deal. It will be interesting to see when I’ll actually receive the $5.00 per share. I’ll keep you posted.

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