InvestorsHub Logo
Followers 213
Posts 73537
Boards Moderated 0
Alias Born 03/01/2004

Re: The Original dpb5! post# 223

Thursday, 05/21/2009 12:10:31 AM

Thursday, May 21, 2009 12:10:31 AM

Post# of 227
On October 3, 2006, Yakquisition Corp., a Delaware corporation (the “Purchaser”) and wholly-owned subsidiary of Globalive Communications Corp., a Nova Scotia unlimited liability company (“Globalive”), made a tender offer to purchase all of the issued and outstanding shares of Common Stock (the “Shares”) of Yak Communications Inc. (the “”Company”), at a purchase price of $5.25 per share, net to the seller in cash without interest thereon, less any required withholding taxes, upon the terms and conditions set forth in the Offer to Purchase, dated October 3, 2006 (the “Offer”). The Offer is made pursuant to the Agreement and Plan of Merger, dated as of September 20, 2006, as amended, by the Purchaser, Globalive and the Company. Mr. Zwebner tendered all of his shares to the Purchaser.

Item 2. Identity Background

(a) This Schedule 13D is being filed on behalf of Charles Zwebner (the “Reporting Person”).

(b) The business address of the Reporting Person is 300 Consilium Place, Suite 500, Toronto, Ontario M1H 3G2.

(c) The Reporting Person is the Chairman and Chief Executive Officer of the Issuer.

(d) The Reporting Person has not, during the past five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

(e) The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f) The Reporting Person is a citizen of Canada.



The End.

http://www.sec.gov/Archives/edgar/data/1084544/000119312506228199/dsc13da.htm

I'm #1 on Twister and You are Number Two!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.