House & Home
Tue, February 1, 2011Mon, January 31, 2011Sun, January 30, 2011Sat, January 29, 2011Fri, January 28, 2011Thu, January 27, 2011Wed, January 26, 2011Tue, January 25, 2011Mon, January 24, 2011Sun, January 23, 2011Fri, January 21, 2011Thu, January 20, 2011Wed, January 19, 2011Tue, January 18, 2011Mon, January 17, 2011Sun, January 16, 2011Fri, January 14, 2011Thu, January 13, 2011Wed, January 12, 2011Tue, January 11, 2011Mon, January 10, 2011Sat, January 8, 2011Fri, January 7, 2011Thu, January 6, 2011Wed, January 5, 2011Tue, January 4, 2011Mon, January 3, 2011Thu, December 30, 2010Wed, December 29, 2010Tue, December 28, 2010Mon, December 27, 2010Thu, December 23, 2010Wed, December 22, 2010Tue, December 21, 2010Mon, December 20, 2010Sat, December 18, 2010Fri, December 17, 2010Thu, December 16, 2010Wed, December 15, 2010Tue, December 14, 2010Mon, December 13, 2010Fri, December 10, 2010Thu, December 9, 2010Wed, December 8, 2010Tue, December 7, 2010Mon, December 6, 2010Fri, December 3, 2010Thu, December 2, 2010Wed, December 1, 2010HIGH LINER FOODS ANNOUNCES SHAREHOLDER APPROVAL OF NEW SHAREHOLDER RIGHTS PLAN
//house-home.news-articles.net/content/2011/01/0 .. der-approval-of-new-shareholder-rights-plan.html
Published in House and Home on Wednesday, January 5th 2011 at 11:20 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
LUNENBURG, NS, Jan. 5 /CNW/ - High Liner Foods Incorporated (TSX: HLF; HLF.A), a leading North American processor and marketer of superior quality seafood, announced today that holders of its common shares have ratified the adoption of a new Shareholder Rights Plan Agreement dated July 23, 2010 between High Liner and CIBC Mellon Trust Company, at its special general meeting held today. The Shareholder Rights Plan Agreement was previously approved by the Board of Directors of High Liner, but required ratification by High Liner's shareholders in accordance with rules of the Toronto Stock Exchange.
As with the previous plan, the Shareholder Rights Plan Agreement is designed to encourage the fair treatment of shareholders in connection with any take-over bid for the Company and is designed to provide the Board of Directors and the shareholders with more time to fully consider any unsolicited take-over bid for the Company without undue pressure.
A complete copy of the Shareholder Rights Plan Agreement is available at [ www.sedar.com ].
About High Liner Foods Incorporated
High Liner Foods Incorporated is a leading North American processor and marketer of prepared, value-added frozen seafood. High Liner's branded products are sold throughout the United States, Canada and Mexico under the High Liner®, Fisher Boy®, Mirabel® and Sea Cuisine™ labels, and are available in most grocery and club stores. The Company also sells its High Liner®, FPI®, VikingTM and Mirabel® food service products to restaurants and institutions, and is a major supplier of private label seafood products to North American food retailers and food service distributors. High Liner Foods is a publicly traded Canadian company, trading under the symbols HLF and HLF.A on the Toronto Stock Exchange.
This document contains forward-looking statements. Forward-looking statements can generally be identified by the use of the conditional tense, the words "may", "should", "would", "believe", "plan", "expect", "intend", "anticipate", "estimate", "foresee", "objective" or "continue" or the negative of these terms or variations of them or words and expressions of similar nature. Specific forward-looking statements in this document include, but are not limited to expectations with respect to the outcome of any offer for shares of the Company which may be impacted by the nature of the offer and prevailing market conditions. These statements are based on a number of additional factors and assumptions including, but not limited to: availability, demand and prices of raw materials, energy and supplies; the condition of the Canadian and United States economies; product pricing; foreign exchange rates, especially the rate of exchange of the Canadian dollar to the U.S. dollar; our ability to attract and retain customers; our operating costs; interest rates; and continued access to capital. The statements are not a guarantee of future performance. By their nature, forward-looking statements involve uncertainties and risks that the forecasts and targets will not be achieved. Readers are cautioned not to place undue reliance on forward-looking statements, as actual results may differ materially from those expressed in such forward-looking statements. We include in publicly available documents filed from time to time with securities commissions and the Toronto Stock Exchange, a discussion of the risk factors that can cause anticipated outcomes to differ from actual outcomes. Except as required under applicable securities legislation, we do not undertake to update forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf, whether as a result of new information, future events or otherwise.
For further information about the Company, please visit our website at [ www.highlinerfoods.com ] or send an e-mail to [ investor@highlinerfoods.com ].
