Brooke Group still processing unusually heavy turnout in RJR consent solicitation.MIAMI--(BUSINESS WIRE)--Feb. 16, 1996--Brooke Group Ltd. (NYSE NYSE See: New York Stock Exchange : BGL BGL The pre-July 1999 ISO 4217 currency code for Bulgarian Lev. ) announced today that it is still processing the large volume of consents it has received in support of its proposals to immediately spin off the Nabisco (NYSE: NA) food business to RJR Nabisco (NYSE: RN) shareholders and to restore the previous right of RJR RJR R.J. Reynolds RJR Thorny Skate (FAO fish species code) shareholders to call special meetings. Brooke said that it expects to announce the vote count on Tuesday, Feb. 20, 1996. "We are very pleased by the unusually heavy turnout in this shareholder referendum, but the complex, largely manual tabulation process will prevent us from completing the processing of all of the hundreds of thousands of consents we have received for another day or two," said Bennett S. LeBow Bennett LeBow is the Chairman of the Board and CEO of Vector Group, the holding company for, among other companies, Liggett Group Inc., the sixth largest manufacturer of cigarettes in the United States. LeBow has been affiliated with the company since 1986. , Brooke chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Brooke Group is a holding company which controls Liggett Group, tobacco and real estate operations in the former Soviet Union and has a substantial equity interest in New Valley Corp. CONTACT: Sard Verbinnen & Co. George Sard/Anna Cordasco/Paul Caminiti 212/687-8080 |
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