|
|
Article: Pop Starz Inc. Announces Strategic Plan to Spin Off Its Pop Starz Records Subsidiary.
- Article from:
- Business Wire
- Article date:
- June 21, 2007
CopyrightCOPYRIGHT 2007 Business Wire. 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)
|
MIAMI BEACH, Fla. -- Pop Starz, Inc. (Pink Sheets: PSRZ) ("PSRZ") announced today that it will spin off its majority-owned subsidiary, Pop Starz Records, Inc., to PSRZ stockholders as of the close of business June 29th, 2007.
"We feel the Pop Starz Records spin-off will allow management of both companies to focus all their attention towards growth for both as independent companies, while allowing our stockholders to potentially benefit from holding shares of two separate companies," stated Michelle Tucker, President of Pop Starz, Inc.
Pop Starz, Inc., intends to distribute pro rata to its stockholders, and those entitled to dividends as if a stockholder, ...
Related newspaper, magazine, and journal articles:
|
|
Article: Pop Starz, Inc. Issues Letter to Shareholders.
Business Wire;
July 12, 2007 ;
700+ words
... ... Shareholders: On May 14th, 2007, Pop Starz Records, Inc. ("our Company ... basis of one (1) registered Pop Starz Records, Inc., share for every ten ... distribution of these certificates, Pop Starz Records, Inc. is moving swiftly to ...
|
|