Tag: common shares

OER Says Shareholders Approve “Plan of Arrangement” with Oando Plc

February 25, 2016/OER Oando Energy Resources Inc. announced that at a special meeting of its shareholders held today, its shareholders overwhelmingly approved the previously announced plan of arrangement (the “Plan of Arrangement“) with Oando PLC and Oando E&P Holdings Limited (the “Purchaser“), which will culminate in the Purchaser acquiring all […]

Herbalife Plans Offering of Notes to Fund Share Repurchases

Herbalife Ltd. (HLF), the vitamin maker accused by hedge fund manager Bill Ackman of being a pyramid scheme, said it will offer $1 billion in convertible senior notes and use some of the money to repurchase common shares. The initial buyers of the notes, due in 2019, will be Bank […]