This board is dedicated to information regarding Webb Interactive Services (WEBB.PK)as well as related discussion to the company and its directors...
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Press Release Source: Webb Interactive Services, Inc.
Webb Interactive Services, Inc. Reports Agreement for Sale of Jabber, Inc.
Friday September 19, 1:35 pm ET
DENVER, Sept. 19 /PRNewswire-FirstCall/ -- Webb Interactive Services, Inc. (Pink Sheets: WEBB - News) today announced that Cisco Systems, Inc. (Nasdaq: CSCO - News) has entered into an agreement for the acquisition of Jabber, Inc., a minority-owned subsidiary of Webb. The acquisition is subject to various conditions and is expected to close in the first half of Cisco's fiscal year 2009, which ends in January 2009.
Based on a preliminary estimate of the proceeds available to Webb following the closing, Webb expects to be able to make a cash distribution to its shareholders of approximately $0.32 per share.
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Source: Webb Interactive Services, Inc.
Press Release Source: Webb Interactive Services, Inc.
Webb Interactive Services, Inc. Reports Sale of Jabber, Inc.
- Monday November 10, 2008, 4:13 pm EST
DENVER, Nov. 10 /PRNewswire-FirstCall/ -- Webb Interactive Services, Inc. (Pink Sheets: WEBB - News) today reported that the previously announced acquisition of Webb's interest in Jabber, Inc. is complete. Webb expects it will be able to determine the amount of the cash distribution to be made to the Webb shareholders as a result to the sale of Jabber by November 30, 2008 and to complete the distribution by December 31, 2008.
Press Release Source: Webb Interactive Services, Inc.
Webb Interactive Services, Inc. Reports Cash Distribution
Tuesday December 2, 2008, 3:30 pm EST
DENVER, Dec. 2 /PRNewswire-FirstCall/ -- Webb Interactive Services, Inc. (Pink Sheets: WEBB - News) today reported that the Company's Board of Directors has approved a cash distribution of $0.32 per share to be paid on each issued and outstanding share of the Company's common stock. The record date for the distribution is December 12, 2008 and the payment date is December 23, 2008
