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Article: Alternative Asset Management Acquisition Corp. Announces the Closing of the Business Combination With Great American.
- Article from:
- Investment Weekly News
- Article date:
- August 22, 2009
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Alternative Asset Management Acquisition Corp. ("AAMAC") (NYSE Amex: AMV) announced that the business combination with Great American Group, LLC ("Great American") was consummated on Friday, July 31, 2009.
In accordance with the terms of the transaction, each outstanding share of AAMAC common stock now represents 2.0 shares of common stock of Great American Group, Inc. ("GA") and each outstanding AAMAC warrant now represents a GA warrant exercisable for one share of GA common stock, which warrants are not exercisable during the 90-day period following the consummation of the transaction. The units of AAMAC were separated into the component common stock and ...