BIDZ.COM Extends Deadline for Merger Closing
October 02 2012 - 7:00AM
As previously announced, on September 27, 2012, BIDZ.com, Inc.
(BIDZ), a leading online retailer of jewelry, held its annual
meeting of stockholders. At the annual meeting, each proposal
presented at the annual meeting was approved by the required vote
of Bidz.com stockholders, including the adoption of the merger
agreement with Glendon Group, Inc. As previously announced, each
condition to Glendon Group's obligation to close the merger has
been satisfied.
On October 2, 2012, BIDZ announced that it has agreed to extend
the deadline for Glendon Group to close the merger until the close
of business on Wednesday, October 3, 2012.
About Bidz.com
Bidz.com, founded in 1998, is a leading online retailer of
jewelry. Bidz offers its products through a live auction format as
well as a fixed price online retail store, Buyz.com. Bidz also
operates Modnique.com, a division of Bidz.com, a flash sale
shopping website, offering authentic premium brand name
merchandise. Modnique offers its members exclusive access to 24-72
hour sales events on designer apparel, accessories, shoes, and
housewares and much more at price points up to 85% below
traditional retail prices.
CONTACT: Bidz.com, Inc.
Tawnia Suggs Specialist
Investor Relations
tsuggs@bidz.com
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