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Tuesday, May 01, 2012 12:54:23 PM
I think it’s local Dallas Barclay group affiliated, not the 220/pps London, England group
8/K - http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8188818
Item 5.01 Chairman Resignation and Change Of Control
On March 30, 2012 Philip Verges resigned as Chairman of the Board. The resignation was executed in conjunction with a private transaction in which the Series K Preferred stock, previously under Mr. Verges’ control, was sold to a third party. The Series K Preferred stock controls fifty-one percent of the NewMarket common stock voting rights. The March 30th resignation and change of control transaction was executed in conjunction with a strategic business plan update previously announced on October 20, 2011. The Series K Preferred stock was purchased by The Barclay Group.
(Note reference to Absa Group under Company Description…hmmm?).
I’m thinking Phil Verges knew/knows local Dallasite Cj Comu and they worked out a deal of some sort. Not disclosing more information is disconcerting.
8/K - http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8188818
Item 5.01 Chairman Resignation and Change Of Control
On March 30, 2012 Philip Verges resigned as Chairman of the Board. The resignation was executed in conjunction with a private transaction in which the Series K Preferred stock, previously under Mr. Verges’ control, was sold to a third party. The Series K Preferred stock controls fifty-one percent of the NewMarket common stock voting rights. The March 30th resignation and change of control transaction was executed in conjunction with a strategic business plan update previously announced on October 20, 2011. The Series K Preferred stock was purchased by The Barclay Group.
(Note reference to Absa Group under Company Description…hmmm?).
I’m thinking Phil Verges knew/knows local Dallasite Cj Comu and they worked out a deal of some sort. Not disclosing more information is disconcerting.
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