|
|
Article: FirstMerit Redeems Outstanding Convertible Preferred Stock.
- Article from:
- PR Newswire
- Article date:
- November 14, 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)
|
FirstMerit Corporation has called for redemption and will redeem on November 14, 2003 (the "Redemption Date"), all of the outstanding shares of FirstMerit 62% Cumulative Convertible Preferred Stock ("Convertible Preferred Shares"). The redemption price will be $25.00 per Share, plus an amount equal to all accumulated, accrued and unpaid dividends through the Redemption Date (the "Redemption Price").
(Logo: http://www.newscom.com/cgi-bin/prnh/20001220/FIRSTMERITLOGO )
The Convertible Preferred Shares were issued in connection with the merger of Signal Corp with and into FirstMerit Corporation on or about February 12, 1999, in exchange for each ...