Latest Alco Stores Inc (ALCS) Headlines
ALCO Stores, Inc. Responds Regarding Proposed Alternative Slates of Directors
GlobeNewswire - 1 hr 3 mins ago
ALCO Stores, Inc. (Nasdaq:ALCS) ("ALCO" or the "Company") today announced a response regarding the two stockholder groups that have each declared their intention to submit nominees to replace the current members of the Company's Board of Directors (the "Board").
Milwaukee Private Wealth Management Nominates a Slate of Highly Qualified Candidates for Election at ALCO Stores' 2014 Annual Meeting of Shareholders
PR Newswire - Thu Mar 06, 2:36PM CST
Milwaukee Private Wealth Management, Inc. ("MPWMI"), a long-term shareholder of ALCO Stores, Inc. ("ALCO" or the "Company") (NASDAQ: ALCS), today announced that it has delivered a letter to the Company's Board of Directors (the "Board") and has nominated a slate of highly qualified candidates for election to the ALCO Board at the Company's 2014 Annual Meeting.
Concerned ALCO Stockholders Announces Intent to Solicit Proxies at ALCO Stores' Annual Meeting
Business Wire - Tue Feb 18, 7:30AM CST
Concerned ALCO Stockholders ("Concerned ALCO Stockholders", "CAS" or "we"), a group led by David Pointer and Dilip Singh, announced today that it intends to mail its own proxy statement to stockholders of ALCO Stores, Inc. (Nasdaq:ALCS) ("ALCO") for the purpose of giving ALCO stockholders the opportunity to vote for new Board members at the ALCO 2014 Annual Meeting of Stockholders.
ALCO Stores, Inc. Reports Operating Results for Third Quarter and Year-to-Date Fiscal 2014
GlobeNewswire - Wed Dec 18, 7:30AM CST
ALCO Stores, Inc. (Nasdaq:ALCS), which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced operating results for its third quarter ended November 3, 2013.
Nasdaq stocks posting largest volume decreases
AP - Tue Nov 26, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
Nasdaq stocks posting largest percentage decreases
AP - Thu Oct 31, 5:08PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
ALCO Stores, Inc. Announces That the Proposal to Adopt the Merger Agreement Failed to Receive Required Shareholder Vote
GlobeNewswire - Wed Oct 30, 3:49PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS) ("ALCO" or the "Company"), a general merchandise retailer specializing in providing a superior selection of essential products for everyday life in small-town America, today announced that, at the special meeting of the Company's shareholders, held on October 30, 2013, the proposal to adopt the Agreement and Plan of Merger, dated as of July 25, 2013 (the "Merger Agreement"), by and among Mallard Parent, LLC, M Acquisition Corporation and the Company, did not receive approval from more than a majority of the outstanding shares of the Company's common stock. The Merger Agreement was therefore not approved by the Company's shareholders. As a result of the failure to receive such shareholder approval, also on October 30, 2013, the Company terminated the Merger Agreement and abandoned the merger contemplated thereby.
ALCO Stores, Inc. Announces Plans to Voluntarily Delist Its Stock if Merger is Approved
GlobeNewswire - Mon Oct 21, 3:15PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS) (the "Company") today announced its intention to voluntarily delist its common stock from the NASDAQ Stock Market ("NASDAQ") on or about October 31, 2013. The delisting of the Company's shares is subject to stockholder approval of the proposed merger with an affiliate of Argonne Capital Group, LLC ("Argonne"). The proposed merger was previously announced on July 25, 2013, and a special meeting of stockholders is scheduled for October 30, 2013.
ALCO Stores, Inc. Reports Operating Results for First Half of Fiscal 2014
GlobeNewswire - Tue Sep 17, 3:15PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS), which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced operating results for its second quarter ended August 4, 2013.
ALCO Stores, Inc. Announces Clarification Regarding Everbright Development Overseas, Ltd.'s Acquisition Proposal
GlobeNewswire - Wed Sep 11, 7:30AM CDT
ALCO Stores, Inc. (Nasdaq:ALCS) (the "Company") today announced that the Company has reviewed Amendment No. 4 to Schedule 13D filed jointly on behalf of Everbright Development Overseas, Ltd. ("Everbright"), Luis Chang and Mai Wong (together with Everbright, the "Reporting Persons") on September 10, 2013 ("Amendment No. 4"). The Company notes that the Reporting Persons did not disclose that, prior to midnight Eastern time on Saturday, September 7, 2013, representatives of the Company informed Everbright that the Board of Directors of the Company met and considered the acquisition proposal that Everbright had tendered on September 6, 2013, as supplemented on September 7, 2013 (the "Definitive Proposal"), and, after considering relevant legal, financial and regulatory aspects of the Definitive Proposal and the timing and likelihood of consummation of the Definitive Proposal, the Board of Directors did not conclude that the Definitive Proposal constituted a "Superior Proposal" under the terms of the Agreement and Plan of Merger (the "Merger Agreement"), by and among Mallard Parent, LLC, M Acquisition Corporation and the Company. At the same time, representatives of the Company informed Everbright that the Definitive Proposal could not be consummated on the terms contained therein because it had not been found to be a "Superior Proposal."
ALCO Stores, Inc. Announces Schedule to Report Operating Results for Second Quarter of Fiscal 2014
GlobeNewswire - Mon Sep 09, 3:15PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS), which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced that it plans to release operating results for the quarter ended August 4, 2013, after the close of the market on September 17, 2013. The Company will file its Form 10-Q with the Securities and Exchange Commission no later than September 18, 2013. In light of the merger agreement announced on July 25, 2013, and the pending filing of an amended preliminary proxy statement regarding the transaction, the Board of Directors and management team have decided to cancel the quarterly conference call.
The Law Offices of Vincent Wong Investigates the Acquisition of ALCO Stores, Inc. -- ALCS
PR Newswire - Fri Aug 02, 10:12AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of ALCO Stores, Inc. (Nasdaq: ALCS) regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Argonne Capital Group LLC.
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of the Shareholders of ALCO Stores, Inc.
Business Wire - Wed Jul 31, 9:41AM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of ALCO Stores, Inc. ("ALCO" or the "Company") (NASDAQ:ALCS) related to the proposed acquisition of the Company by private investment firm Argonne Capital Group LLC ("Argonne"). Under the terms of the transaction, ALCO shareholders will receive $14.00 cash per share of ALCO stock, valuing the transaction at approximately $47 million.
Faruqi & Faruqi, LLP, Partner Juan E. Monteverde Launches an Investigation of ALCO Stores, Inc. Over the Proposed Sale of the Company to Argonne Capital Group LLC
Business Wire - Mon Jul 29, 6:00PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of ALCO Stores, Inc. ("ALCO" or the "Company") (Nasdaq: ALCS) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Argonne Capital Group LLC in a deal valued at approximately $47 million. Under the terms of the proposed transaction, ALCO's stockholders will receive $14.00 in cash for each share of ALCO common stock they own.
ALCO Stores, Inc. Responds Regarding Proposed Alternative Slates of Directors
GlobeNewswire - 1 hr 3 mins ago
ALCO Stores, Inc. (Nasdaq:ALCS) ("ALCO" or the "Company") today announced a response regarding the two stockholder groups that have each declared their intention to submit nominees to replace the current members of the Company's Board of Directors (the "Board").
Milwaukee Private Wealth Management Nominates a Slate of Highly Qualified Candidates for Election at ALCO Stores' 2014 Annual Meeting of Shareholders
PR Newswire - Thu Mar 06, 2:36PM CST
Milwaukee Private Wealth Management, Inc. ("MPWMI"), a long-term shareholder of ALCO Stores, Inc. ("ALCO" or the "Company") (NASDAQ: ALCS), today announced that it has delivered a letter to the Company's Board of Directors (the "Board") and has nominated a slate of highly qualified candidates for election to the ALCO Board at the Company's 2014 Annual Meeting.
Concerned ALCO Stockholders Announces Intent to Solicit Proxies at ALCO Stores' Annual Meeting
Business Wire - Tue Feb 18, 7:30AM CST
Concerned ALCO Stockholders ("Concerned ALCO Stockholders", "CAS" or "we"), a group led by David Pointer and Dilip Singh, announced today that it intends to mail its own proxy statement to stockholders of ALCO Stores, Inc. (Nasdaq:ALCS) ("ALCO") for the purpose of giving ALCO stockholders the opportunity to vote for new Board members at the ALCO 2014 Annual Meeting of Stockholders.
ALCO Stores, Inc. Reports Operating Results for Third Quarter and Year-to-Date Fiscal 2014
GlobeNewswire - Wed Dec 18, 7:30AM CST
ALCO Stores, Inc. (Nasdaq:ALCS), which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced operating results for its third quarter ended November 3, 2013.
Nasdaq stocks posting largest volume decreases
AP - Tue Nov 26, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
Nasdaq stocks posting largest percentage decreases
AP - Thu Oct 31, 5:08PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
ALCO Stores, Inc. Announces That the Proposal to Adopt the Merger Agreement Failed to Receive Required Shareholder Vote
GlobeNewswire - Wed Oct 30, 3:49PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS) ("ALCO" or the "Company"), a general merchandise retailer specializing in providing a superior selection of essential products for everyday life in small-town America, today announced that, at the special meeting of the Company's shareholders, held on October 30, 2013, the proposal to adopt the Agreement and Plan of Merger, dated as of July 25, 2013 (the "Merger Agreement"), by and among Mallard Parent, LLC, M Acquisition Corporation and the Company, did not receive approval from more than a majority of the outstanding shares of the Company's common stock. The Merger Agreement was therefore not approved by the Company's shareholders. As a result of the failure to receive such shareholder approval, also on October 30, 2013, the Company terminated the Merger Agreement and abandoned the merger contemplated thereby.
ALCO Stores, Inc. Announces Plans to Voluntarily Delist Its Stock if Merger is Approved
GlobeNewswire - Mon Oct 21, 3:15PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS) (the "Company") today announced its intention to voluntarily delist its common stock from the NASDAQ Stock Market ("NASDAQ") on or about October 31, 2013. The delisting of the Company's shares is subject to stockholder approval of the proposed merger with an affiliate of Argonne Capital Group, LLC ("Argonne"). The proposed merger was previously announced on July 25, 2013, and a special meeting of stockholders is scheduled for October 30, 2013.
ALCO Stores, Inc. Reports Operating Results for First Half of Fiscal 2014
GlobeNewswire - Tue Sep 17, 3:15PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS), which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced operating results for its second quarter ended August 4, 2013.
ALCO Stores, Inc. Announces Clarification Regarding Everbright Development Overseas, Ltd.'s Acquisition Proposal
GlobeNewswire - Wed Sep 11, 7:30AM CDT
ALCO Stores, Inc. (Nasdaq:ALCS) (the "Company") today announced that the Company has reviewed Amendment No. 4 to Schedule 13D filed jointly on behalf of Everbright Development Overseas, Ltd. ("Everbright"), Luis Chang and Mai Wong (together with Everbright, the "Reporting Persons") on September 10, 2013 ("Amendment No. 4"). The Company notes that the Reporting Persons did not disclose that, prior to midnight Eastern time on Saturday, September 7, 2013, representatives of the Company informed Everbright that the Board of Directors of the Company met and considered the acquisition proposal that Everbright had tendered on September 6, 2013, as supplemented on September 7, 2013 (the "Definitive Proposal"), and, after considering relevant legal, financial and regulatory aspects of the Definitive Proposal and the timing and likelihood of consummation of the Definitive Proposal, the Board of Directors did not conclude that the Definitive Proposal constituted a "Superior Proposal" under the terms of the Agreement and Plan of Merger (the "Merger Agreement"), by and among Mallard Parent, LLC, M Acquisition Corporation and the Company. At the same time, representatives of the Company informed Everbright that the Definitive Proposal could not be consummated on the terms contained therein because it had not been found to be a "Superior Proposal."
ALCO Stores, Inc. Announces Schedule to Report Operating Results for Second Quarter of Fiscal 2014
GlobeNewswire - Mon Sep 09, 3:15PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS), which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced that it plans to release operating results for the quarter ended August 4, 2013, after the close of the market on September 17, 2013. The Company will file its Form 10-Q with the Securities and Exchange Commission no later than September 18, 2013. In light of the merger agreement announced on July 25, 2013, and the pending filing of an amended preliminary proxy statement regarding the transaction, the Board of Directors and management team have decided to cancel the quarterly conference call.
The Law Offices of Vincent Wong Investigates the Acquisition of ALCO Stores, Inc. -- ALCS
PR Newswire - Fri Aug 02, 10:12AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of ALCO Stores, Inc. (Nasdaq: ALCS) regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Argonne Capital Group LLC.
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of the Shareholders of ALCO Stores, Inc.
Business Wire - Wed Jul 31, 9:41AM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of ALCO Stores, Inc. ("ALCO" or the "Company") (NASDAQ:ALCS) related to the proposed acquisition of the Company by private investment firm Argonne Capital Group LLC ("Argonne"). Under the terms of the transaction, ALCO shareholders will receive $14.00 cash per share of ALCO stock, valuing the transaction at approximately $47 million.
Faruqi & Faruqi, LLP, Partner Juan E. Monteverde Launches an Investigation of ALCO Stores, Inc. Over the Proposed Sale of the Company to Argonne Capital Group LLC
Business Wire - Mon Jul 29, 6:00PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of ALCO Stores, Inc. ("ALCO" or the "Company") (Nasdaq: ALCS) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Argonne Capital Group LLC in a deal valued at approximately $47 million. Under the terms of the proposed transaction, ALCO's stockholders will receive $14.00 in cash for each share of ALCO common stock they own.
