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Article: Majority Stockholders of Argyle Security, Inc. Announce Change in Composition of the Board of Directors.
- Article from:
- Investment Weekly News
- Article date:
- October 17, 2009
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MML Capital Partners LLC, as advisor to, and on behalf of, Mezzanine Management Fund IV A, L.P. and Mezzanine Management Fund IV Coinvest A, L.P. (collectively, "MML"), as part of the majority stockholder group of Argyle Security, Inc. (OTC Bulletin Board: ARGL) ("Argyle"), announced that stockholders of Argyle holding more than a majority of the voting power of the capital stock entitled to vote executed a written consent to amend and restate Argyle's bylaws (the "Amended Bylaws") for purposes of, among other things, expanding the number of directors constituting the entire Argyle board from six (6) to fourteen (14) directors. These stockholders also appointed and ...
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