Cambridge Capital Acquisition C (CAMBW) 0.75 $CAMBW
Parakou Tankers, Inc. Announces Termination of Proposed Merger With Cambridge Capital Acquisition Corporation
Marketwired - Thu May 07, 12:00PM CDT
Parakou Tankers, Inc. ("PTI"
and Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) have agreed to terminate their proposed merger as final terms could not be agreed upon. While PTI believes investors were favorably disposed to PTI and the product tanker sector fundamentals overall, challenges were met in overcoming issues related to the structure of the transaction.
CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation and Parakou Tankers, Inc. Discontinue Proposed Business Combination
Marketwired - Thu May 07, 6:38AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge" and Parakou Tankers, Inc. ("Parakou" today announced that they have mutually agreed to terminate their proposed business combination.
CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Announces Adjournment of Its Special Meeting to Friday, May 8, 2015 in Order for Stockholders to Further Consider Additional Information
Marketwired - Fri May 01, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge" today announced that it convened and adjourned, without conducting any business, its special meeting of stockholders, held yesterday, April 30, 2015, at 4:30 p.m. Eastern Time until Friday, May 8, 2015 at 4:30 p.m. Eastern Time, in order to give its stockholders additional time to consider the supplemental proxy materials filed with the Securities and Exchange Commission by Cambridge on April 22, 2015, including the revised terms of the merger agreement with Parakou Tankers, Inc. and the revised and restructured common shareholder allocation, included in such supplemental materials, and to vote on the proposals to be considered at the special meeting. The special meeting will still be held at the offices of DLA Piper LLP (US), 200 South Biscayne Boulevard, Suite 2500, Miami, Florida 33131-5341.
CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Announces Adjournment of Its Special Meeting to Thursday, April 30, 2015 in Order for Stockholders to Further Consider Additional Information
Marketwired - Tue Apr 28, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge" today announced that it convened and adjourned, without conducting any business, its special meeting of stockholders, held yesterday, April 27, 2015, at 4:00 p.m. Eastern Time until Thursday, April 30, 2015 at 4:30 p.m. Eastern Time, in order to give its stockholders additional time to consider the supplemental proxy materials filed with the Securities and Exchange Commission by Cambridge on April 22, 2015, including the revised terms of the merger agreement with Parakou Tankers, Inc. and the revised and restructured common shareholder allocation, included in such supplemental materials, and to vote on the proposals to be considered at the special meeting. The special meeting will still be held at the offices of DLA Piper LLP (US), 200 South Biscayne Boulevard, Suite 2500, Miami, Florida 33131-5341.
CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Announces Amendment of Its Merger Agreement With Parakou Tankers, Inc. and Its Intent to Convene and Adjourn Its Special Meeting to Friday April 24, 2015 to Approve Business Combination
Marketwired - Wed Apr 22, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge" today announced that it has entered into Amendment No. 1 (the "Amendment" to the Business Combination Agreement, (the "Merger Agreement" with Cambridge Holdco, Inc. ("Holdco", Cambridge Merger Sub, Inc. ("Merger Sub", Parakou Tankers, Inc. ("Parakou" and Mr. Por Liu, Chief Executive Officer and sole stockholder of Parakou, pursuant to which, through a series of transactions, Parakou will become, subject to stockholder approval and other closing conditions, a wholly-owned subsidiary of Holdco (the "Transactions".
CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Reschedules Date of Special Meeting to Approve Business Combination With Parakou Tankers, Inc. and Announces Mailing Date for Definitive Proxy Statement
Marketwired - Fri Mar 27, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge" today announced that the date for the Special Meeting of Stockholders ("Special Meeting" to approve, among other things, the proposed business combination between Cambridge and privately-held Parakou Tankers, Inc. ("Parakou" has been rescheduled to April 22, 2015. Additionally, Cambridge will commence mailing of the notice of the Special Meeting and the definitive proxy statement/prospectus to stockholders on March 30, 2015.
CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Reschedules Date of Special Meeting to Approve Business Combination With Parakou Tankers, Inc.
Marketwired - Fri Mar 20, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge" today announced that the date for the Special Meeting of Stockholders ("Special Meeting" to approve, among other things, the proposed business combination between Cambridge and privately-held Parakou Tankers, Inc. ("Parakou" has been rescheduled to April 14, 2015.
CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation and Parakou Tankers, Inc. Agree to Merge
Marketwired - Tue Dec 02, 6:02AM CST
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge" and privately-held Parakou Tankers, Inc. ("Parakou" or the "Company" today jointly announced that they have entered into a business combination agreement (the "Merger Agreement" whereby Parakou will become a publicly listed company through a merger transaction with Cambridge.
CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Parakou Tankers, Inc. Announces Termination of Proposed Merger With Cambridge Capital Acquisition Corporation
Marketwired - Thu May 07, 12:00PM CDT
Parakou Tankers, Inc. ("PTI"
and Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) have agreed to terminate their proposed merger as final terms could not be agreed upon. While PTI believes investors were favorably disposed to PTI and the product tanker sector fundamentals overall, challenges were met in overcoming issues related to the structure of the transaction. CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation and Parakou Tankers, Inc. Discontinue Proposed Business Combination
Marketwired - Thu May 07, 6:38AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge"
and Parakou Tankers, Inc. ("Parakou" today announced that they have mutually agreed to terminate their proposed business combination. CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Announces Adjournment of Its Special Meeting to Friday, May 8, 2015 in Order for Stockholders to Further Consider Additional Information
Marketwired - Fri May 01, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge"
today announced that it convened and adjourned, without conducting any business, its special meeting of stockholders, held yesterday, April 30, 2015, at 4:30 p.m. Eastern Time until Friday, May 8, 2015 at 4:30 p.m. Eastern Time, in order to give its stockholders additional time to consider the supplemental proxy materials filed with the Securities and Exchange Commission by Cambridge on April 22, 2015, including the revised terms of the merger agreement with Parakou Tankers, Inc. and the revised and restructured common shareholder allocation, included in such supplemental materials, and to vote on the proposals to be considered at the special meeting. The special meeting will still be held at the offices of DLA Piper LLP (US), 200 South Biscayne Boulevard, Suite 2500, Miami, Florida 33131-5341. CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Announces Adjournment of Its Special Meeting to Thursday, April 30, 2015 in Order for Stockholders to Further Consider Additional Information
Marketwired - Tue Apr 28, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge"
today announced that it convened and adjourned, without conducting any business, its special meeting of stockholders, held yesterday, April 27, 2015, at 4:00 p.m. Eastern Time until Thursday, April 30, 2015 at 4:30 p.m. Eastern Time, in order to give its stockholders additional time to consider the supplemental proxy materials filed with the Securities and Exchange Commission by Cambridge on April 22, 2015, including the revised terms of the merger agreement with Parakou Tankers, Inc. and the revised and restructured common shareholder allocation, included in such supplemental materials, and to vote on the proposals to be considered at the special meeting. The special meeting will still be held at the offices of DLA Piper LLP (US), 200 South Biscayne Boulevard, Suite 2500, Miami, Florida 33131-5341. CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Announces Amendment of Its Merger Agreement With Parakou Tankers, Inc. and Its Intent to Convene and Adjourn Its Special Meeting to Friday April 24, 2015 to Approve Business Combination
Marketwired - Wed Apr 22, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge"
today announced that it has entered into Amendment No. 1 (the "Amendment" to the Business Combination Agreement, (the "Merger Agreement" with Cambridge Holdco, Inc. ("Holdco", Cambridge Merger Sub, Inc. ("Merger Sub", Parakou Tankers, Inc. ("Parakou" and Mr. Por Liu, Chief Executive Officer and sole stockholder of Parakou, pursuant to which, through a series of transactions, Parakou will become, subject to stockholder approval and other closing conditions, a wholly-owned subsidiary of Holdco (the "Transactions". CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Reschedules Date of Special Meeting to Approve Business Combination With Parakou Tankers, Inc. and Announces Mailing Date for Definitive Proxy Statement
Marketwired - Fri Mar 27, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge"
today announced that the date for the Special Meeting of Stockholders ("Special Meeting" to approve, among other things, the proposed business combination between Cambridge and privately-held Parakou Tankers, Inc. ("Parakou" has been rescheduled to April 22, 2015. Additionally, Cambridge will commence mailing of the notice of the Special Meeting and the definitive proxy statement/prospectus to stockholders on March 30, 2015. CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation Reschedules Date of Special Meeting to Approve Business Combination With Parakou Tankers, Inc.
Marketwired - Fri Mar 20, 5:00AM CDT
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge"
today announced that the date for the Special Meeting of Stockholders ("Special Meeting" to approve, among other things, the proposed business combination between Cambridge and privately-held Parakou Tankers, Inc. ("Parakou" has been rescheduled to April 14, 2015. CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
Cambridge Capital Acquisition Corporation and Parakou Tankers, Inc. Agree to Merge
Marketwired - Tue Dec 02, 6:02AM CST
Cambridge Capital Acquisition Corporation (NASDAQ: CAMB) (NASDAQ: CAMBU) (NASDAQ: CAMBW) ("Cambridge"
and privately-held Parakou Tankers, Inc. ("Parakou" or the "Company" today jointly announced that they have entered into a business combination agreement (the "Merger Agreement" whereby Parakou will become a publicly listed company through a merger transaction with Cambridge. CAMB: 9.16 (-0.84), CAMBU: 10.60 (unch), CAMBW: 0.75 (+0.01)
