Atlas Acquisition Holdings Corp. Sets Date for Special Meetings of Stockholders and Warrantholders Regarding Proposed Business Combination With Select Staffing
HOBE SOUND, Fla.--(BUSINESS WIRE)--Atlas Acquisition Holdings Corp. (“Atlas”) (NYSE AMEX:AXG) (NYSE AMEX:AXG.U) (NYSE AMEX:AXG.WT) today announced that it will hold a special meeting of stockholders to approve, among other proposals, a business combination with Koosharem Corporation, a California corporation doing business as Select Staffing, and a special meeting of warrantholders to approve, among other things, the conversion of all of its outstanding warrants into 1,677,000 shares of its common stock. The special meeting of warrantholders will be held at 10:00 a.m., Eastern time, and the special meeting of stockholders will be held at 10:30 a.m., Eastern time, both on February 12, 2010, at the offices of Greenberg Traurig, LLP, Atlas’ counsel, at The MetLife Building, 200 Park Avenue, New York, New York 10166. Atlas stockholders and warrantholders of record as of the close of business on January 15, 2010 are being furnished with notice of and voting materials relating to the special meetings.
In addition, Atlas announced today that the parties to the proposed business combination received notice from the Federal Trade Commission's Premerger Notification Office on January 26, 2010 that their request for early termination of the Hart-Scott-Rodino waiting period was granted, effective immediately.
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Expecting the warrants to double from here! (~.30)
Solid DD combined with timeliness and conviction is a recipe for profits.