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Article: Prime Retail Announced That Lightstone Affiliate Terminated Voting Agreement With Preferred Directors.
- Article from:
- PR Newswire
- Article date:
- November 13, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Prime Retail, Inc. ("Prime Retail" or the "Company") (BULLETIN BOARD: PMRE, PMREP, PMREO) announced today that Prime Outlets Acquisition Company, LLC (the "Acquisition Company"), an affiliate of The Lightstone Group LLC, delivered a letter dated November 12, 2003 to Howard Amster and Gary J. Skoien, the two preferred directors of Prime Retail, terminating the voting agreement among the parties relating to the proposed merger between Prime Retail and the Acquisition Company (the "Voting Agreement").
As previously announced, Prime Retail and the Acquisition Company had entered into an agreement and plan of merger, dated as of July 8, 2003 (as amended, the ...
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