V.F. Corporation Message Board

beachbum314159 1 post  |  Last Activity: Mar 29, 2013 8:03 AM Member since: Feb 28, 2005
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    12 more days

    by specstk Mar 22, 2013 12:16 PM
    beachbum314159 beachbum314159 Mar 29, 2013 8:03 AM Flag

    If you are a shareholder, then you received the proxy material. If not, just look at the SEC filings. They Definitive 14A has been filed. It is on page 1. The Reorg and Name Change vote is just a formality since Carl Icahn controls 55% of it since each Series J is 40 votes. Reorg is necessary to protect the NOL and possible redemption of the Series J shares by April 9. The Series J shares don't vote for the reverse, so Icahn only controls 17% of that vote.

    I believe the Reorg will go through, there will be a name change and a reverse.

VFC
190.48Jun 18 4:02 PMEDT