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Latest Velti Plc (VELTF) Headlines

Velti Announces Board Resignations
PR Newswire - Mon Feb 03, 3:15PM CST
Velti plc's Board of Directors today announced that David W. Mann and David C.D. Hobley have each tendered his resignation as members of the Board of Directors and as Chairman of the Board and Chairman of the Audit Committee, respectively, effective January 24, 2014. These resignations follow the sale of the company's mobile marketing assets to affiliates of GSO Capital.

Velti Announces Resignation of Officers and Director
PR Newswire - Mon Jan 06, 3:10PM CST
Velti plc announced today that in conjunction with the completion of the sale of its mobile marketing business to GSO Capital Partners LP ("GSO"), Jeff Ross has resigned his position as chief financial officer and Phokion Potamianos has resigned his position as director of the Company. Both resignations are effective immediately.

Velti Closes Sale of Mobile Marketing Business to GSO Capital Partners
PR Newswire - Fri Jan 03, 2:51PM CST
Velti plc announced today that the Company has closed the sale of its mobile marketing business to affiliates of GSO Capital Partners LP ("GSO"), the credit division of Blackstone (NYSE: BX).

Velti gets court approval of sale of mobile marketing business
M2 - Mon Dec 23, 7:04AM CST
Velti plc said it has received court approval of the sale of its mobile marketing business to affiliates of Blackstone (NYSE: BX) credit division GSO Capital Partners LP. The sale is expected to close shortly.

Velti Receives Court Approval of Sale of Mobile Marketing Business to GSO
PR Newswire - Fri Dec 20, 11:01AM CST
Velti plc, a leading global provider of mobile marketing and advertising technology, announced today that the Company received Court approval of the sale of its mobile marketing business to affiliates of GSO Capital Partners LP ("GSO"), the credit division of Blackstone (NYSE: BX). The sale is expected to close shortly.

Velti Selects GSO as Winning Bidder for Sale of Mobile Marketing Business
PR Newswire - Tue Dec 17, 8:01AM CST
Velti plc, a leading global provider of mobile marketing and advertising technology, announced today that the stalking horse bid submitted by affiliates of GSO Capital Partners LP ("GSO"), the credit division of Blackstone (NYSE: BX), will be the bid presented to the U.S. Bankruptcy Court for approval of the sale of the Company's mobile marketing business. No other qualified bids were received.

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