Latest Sycamore Networks (SCMR) Headlines
Sycamore Networks files for dissolution
M2 - Mon Mar 11, 10:15AM CDT
Sycamore Networks, Inc. (OTC: SCMR) reported filing a certificate of dissolution with the secretary of state of the state of Delaware, as part of its plan of complete liquidation and dissolution.
Sycamore Networks, Inc. Files Certificate of Dissolution
Business Wire - Fri Mar 08, 5:55AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR) (the "Company") announced today that it has filed a certificate of dissolution with the Secretary of State of the State of Delaware (the "Certificate of Dissolution"), as contemplated by the Plan of Complete Liquidation and Dissolution previously approved by the Company's Board of Directors and stockholders. The Certificate of Dissolution, which became effective at 5:00 p.m. Eastern Time on March 7, 2013, provides for the dissolution of the Company under Delaware's General Corporation Law.
Sycamore Networks, Inc. Announces Intent to Proceed with Dissolution
Business Wire - Mon Mar 04, 7:30AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR) (the "Company") announced today that its Board of Directors has determined that, for the reasons stated in the Definitive Proxy Statement filed with the Securities and Exchange Commission (the "SEC") in connection with the Special Meeting of Stockholders of the Company held on January 29, 2013 (the "Special Meeting"), and after reviewing strategic alternatives for all of the Company's assets and available options for providing value to the Company's stockholders, it is advisable and in the best interest of the stockholders for the Company to proceed with its previously announced liquidation and dissolution in accordance with the plan of complete liquidation and dissolution that the stockholders approved at the Special Meeting, effective as of the close of business on March 7, 2013.
Sycamore Networks declares special cash distribution of $1.81
M2 - Mon Feb 11, 6:31AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR) said that, on February 7, 2013, its board of directors approved a special cash distribution of $1.81 per share of its common stock.
Small Cap Stocks To Watch - SCMR, SSRX, POZN
M2 - Fri Feb 08, 8:45AM CST
Sycamore Networks (Nasdaq: SCMR) $2.38. Today announced that, on February 7, 2013, its Board of Directors approved a special cash distribution of $1.81 per share of its common stock. The special cash distribution will be paid on February 28, 2013 to stockholders of record as of February 18, 2013. Given the amount of the special cash distribution, the Company expects that the ex-dividend date for the special cash distribution will be March 1, 2013, the day after the payment date for the special cash distribution.
Sycamore Networks, Inc. Announces Special Cash Distribution of $1.81 Per Share
Business Wire - Fri Feb 08, 5:55AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR), today announced that, on February 7, 2013, its Board of Directors approved a special cash distribution of $1.81 per share of its common stock. The special cash distribution will be paid on February 28, 2013 to stockholders of record as of February 18, 2013. Given the amount of the special cash distribution, the Company expects that the ex-dividend date for the special cash distribution will be March 1, 2013, the day after the payment date for the special cash distribution.
Company Profile for Sycamore Networks, Inc.
Business Wire - Fri Feb 01, 9:40AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR) is based in Chelmsford, Massachusetts. For more information, please visit www.scmrinc.com.
Sycamore Networks, Inc. Announces Stockholder Approval of Sale of Intelligent Bandwidth Management Business and Liquidation and Dissolution of the Company
Business Wire - Fri Feb 01, 5:55AM CST
Sycamore Networks, Inc. ("Sycamore" or the "Company") (NASDAQ: SCMR), today announced that at a Special Meeting of Stockholders held on January 29, 2013 (the "Special Meeting"), its stockholders authorized the previously announced sale of substantially all of its assets related to Sycamore's Intelligent Bandwidth Management Business to a portfolio company of Marlin Equity Partners ("Buyer") pursuant to and on the terms set forth in the Asset Purchase and Sale Agreement dated October 23, 2012 by and between Sycamore and Buyer. At the Special Meeting, the stockholders also approved the dissolution of the Company following the asset sale and adopted a plan of complete liquidation and dissolution.
Traders Get Bullish on Shares of Sycamore Networks, Shares Up 8.1% (SCMR)
Comtex SmarTrend(R) - Thu Jan 10, 10:10AM CST
Sycamore Networks (NASDAQ:SCMR) is one of today's best performing low-priced stocks, up 8.1% to $2.41 on 1.8x average daily volume. Thus far today, Sycamore Networks has traded 570,000 shares, vs. average volume of 323,000 shares per day. The stock has outperformed the Dow (8.1% to the Dow's 0.0%) and outperformed the S&P 500 (8.1% to the S&P's 0.2%) during today's trading.
Hot Stock: Sycamore Networks, Shares Gain 8.5% (SCMR)
Comtex SmarTrend(R) - Wed Jan 02, 10:09AM CST
Sycamore Networks (NASDAQ:SCMR) is one of today's best performing low-priced stocks, up 8.5% to $2.43 on 2.5x average daily volume. Thus far today, Sycamore Networks has traded 856,000 shares, vs. average volume of 349,000 shares per day. The stock has outperformed the Dow (8.5% to the Dow's 1.9%) and outperformed the S&P 500 (8.5% to the S&P's 1.8%) during today's trading.
Sycamore Networks files for dissolution
M2 - Mon Mar 11, 10:15AM CDT
Sycamore Networks, Inc. (OTC: SCMR) reported filing a certificate of dissolution with the secretary of state of the state of Delaware, as part of its plan of complete liquidation and dissolution.
Sycamore Networks, Inc. Files Certificate of Dissolution
Business Wire - Fri Mar 08, 5:55AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR) (the "Company") announced today that it has filed a certificate of dissolution with the Secretary of State of the State of Delaware (the "Certificate of Dissolution"), as contemplated by the Plan of Complete Liquidation and Dissolution previously approved by the Company's Board of Directors and stockholders. The Certificate of Dissolution, which became effective at 5:00 p.m. Eastern Time on March 7, 2013, provides for the dissolution of the Company under Delaware's General Corporation Law.
Sycamore Networks, Inc. Announces Intent to Proceed with Dissolution
Business Wire - Mon Mar 04, 7:30AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR) (the "Company") announced today that its Board of Directors has determined that, for the reasons stated in the Definitive Proxy Statement filed with the Securities and Exchange Commission (the "SEC") in connection with the Special Meeting of Stockholders of the Company held on January 29, 2013 (the "Special Meeting"), and after reviewing strategic alternatives for all of the Company's assets and available options for providing value to the Company's stockholders, it is advisable and in the best interest of the stockholders for the Company to proceed with its previously announced liquidation and dissolution in accordance with the plan of complete liquidation and dissolution that the stockholders approved at the Special Meeting, effective as of the close of business on March 7, 2013.
Sycamore Networks declares special cash distribution of $1.81
M2 - Mon Feb 11, 6:31AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR) said that, on February 7, 2013, its board of directors approved a special cash distribution of $1.81 per share of its common stock.
Small Cap Stocks To Watch - SCMR, SSRX, POZN
M2 - Fri Feb 08, 8:45AM CST
Sycamore Networks (Nasdaq: SCMR) $2.38. Today announced that, on February 7, 2013, its Board of Directors approved a special cash distribution of $1.81 per share of its common stock. The special cash distribution will be paid on February 28, 2013 to stockholders of record as of February 18, 2013. Given the amount of the special cash distribution, the Company expects that the ex-dividend date for the special cash distribution will be March 1, 2013, the day after the payment date for the special cash distribution.
Sycamore Networks, Inc. Announces Special Cash Distribution of $1.81 Per Share
Business Wire - Fri Feb 08, 5:55AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR), today announced that, on February 7, 2013, its Board of Directors approved a special cash distribution of $1.81 per share of its common stock. The special cash distribution will be paid on February 28, 2013 to stockholders of record as of February 18, 2013. Given the amount of the special cash distribution, the Company expects that the ex-dividend date for the special cash distribution will be March 1, 2013, the day after the payment date for the special cash distribution.
Company Profile for Sycamore Networks, Inc.
Business Wire - Fri Feb 01, 9:40AM CST
Sycamore Networks, Inc. (NASDAQ: SCMR) is based in Chelmsford, Massachusetts. For more information, please visit www.scmrinc.com.
Sycamore Networks, Inc. Announces Stockholder Approval of Sale of Intelligent Bandwidth Management Business and Liquidation and Dissolution of the Company
Business Wire - Fri Feb 01, 5:55AM CST
Sycamore Networks, Inc. ("Sycamore" or the "Company") (NASDAQ: SCMR), today announced that at a Special Meeting of Stockholders held on January 29, 2013 (the "Special Meeting"), its stockholders authorized the previously announced sale of substantially all of its assets related to Sycamore's Intelligent Bandwidth Management Business to a portfolio company of Marlin Equity Partners ("Buyer") pursuant to and on the terms set forth in the Asset Purchase and Sale Agreement dated October 23, 2012 by and between Sycamore and Buyer. At the Special Meeting, the stockholders also approved the dissolution of the Company following the asset sale and adopted a plan of complete liquidation and dissolution.
Traders Get Bullish on Shares of Sycamore Networks, Shares Up 8.1% (SCMR)
Comtex SmarTrend(R) - Thu Jan 10, 10:10AM CST
Sycamore Networks (NASDAQ:SCMR) is one of today's best performing low-priced stocks, up 8.1% to $2.41 on 1.8x average daily volume. Thus far today, Sycamore Networks has traded 570,000 shares, vs. average volume of 323,000 shares per day. The stock has outperformed the Dow (8.1% to the Dow's 0.0%) and outperformed the S&P 500 (8.1% to the S&P's 0.2%) during today's trading.
Hot Stock: Sycamore Networks, Shares Gain 8.5% (SCMR)
Comtex SmarTrend(R) - Wed Jan 02, 10:09AM CST
Sycamore Networks (NASDAQ:SCMR) is one of today's best performing low-priced stocks, up 8.5% to $2.43 on 2.5x average daily volume. Thus far today, Sycamore Networks has traded 856,000 shares, vs. average volume of 349,000 shares per day. The stock has outperformed the Dow (8.5% to the Dow's 1.9%) and outperformed the S&P 500 (8.5% to the S&P's 1.8%) during today's trading.
