Printer Friendly

All AMERICAN COMMUNICATIONS INC. ANNOUNCES STOCKHOLDER VOTE APPROVING 1-FOR-4 REVERSE STOCK SPLIT

 All AMERICAN COMMUNICATIONS INC. ANNOUNCES STOCKHOLDER VOTE
 APPROVING 1-FOR-4 REVERSE STOCK SPLIT
 SANTA MONICA, Calif., March 20 /PRNewswire/ -- All American Communications Inc. (NASDAQ: AACID) announced that, at a special meeting held today, its stockholders voted in favor of a 1-for-4 reverse stock split of the company's common stock and certain other amendments to the company's Articles of Incorporation. Each matter considered was approved by holders of at least 94 percent of the outstanding common stock.
 All American Communications Inc. is a diversified entertainment company with operations primarily in television production and distribution, recorded music production and distribution and motion picture production. All American produces and distributes various television programming, including the series "Baywatch." Recently, the company entered into an asset purchase agreement with LBS Communications Inc., which is subject to bankruptcy court approval, for the acquisition by All American of substantially of the programming, advertiser and television commitments of LBS.
 -0- 3/20/92
 /CONTACT: Thomas Bradshaw, CFO of All American Communications, 310-450-3193; or Arthur E. Rockwell, CFA Rockwell Communications, 818-559-1496, for All American Communications/
 (AACID) CO: All American Communications Inc. ST: California IN: ENT SU:


EH -- LA020 -- 0224 03/20/92 16:32 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 20, 1992
Words:195
Previous Article:GREAT WESTERN ACQUIRES AMERIFIRST FEDERAL SAVINGS BANK
Next Article:NORTH AMERICAN VENTURES ANNOUNCES YEAR END RESULTS
Topics:


Related Articles
ALL AMERICAN COMMUNICATIONS INC. ANNOUNCES DEFINITIVE DATE FOR SHAREHOLDERS' MEETING TO APPROVE PROPOSED 1-FOR-4 REVERSE STOCK SPLIT
NORTH AMERICAN VENTURES, INC. PROPOSES NAME CHANGE AND REVERSE STOCK SPLIT
EQUITEX HOLDS ANNUAL STOCKHOLDERS' MEETING STOCKHOLDERS APPROVE 1 FOR 25 REVERSE SPLIT
NATIONAL DATACOMPUTER INC. REPORTS REVERSE STOCK SPLIT OF 1:100
Pages, Inc. Announces.
j2 Global Communications Shareholders Approve 1-for-4 Reverse Stock Split.
Liberty Satellite Announces Results of Annual Stockholder Meeting.
WorldGate Adjourns Stockholders Meeting on Proposal to Sell to TVGateway, LLC Certain of WorldGate's Assets Relating to Its ITV Business.
Geokinetics Stockholders Approve Restructuring Transactions.
Results of FLYi, Inc. Annual Meeting of Stockholders.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters