CBL & Associates Properties Extends Time for Submission of Stockholder Votes at Special Meeting
September 11 2009 - 8:00AM
Business Wire
CBL & Associates Properties, Inc. (NYSE: CBL) today
announced that in order to allow more time for stockholders to
submit votes, the Company has decided to convene the special
meeting to be held at 4:00 p.m. EDT on September 21, 2009, but then
adjourn it until 4:00 p.m. EDT on October 7, 2009.
The Company has distributed amended proxy materials and proxy
cards to reflect a reduction in the amount of the increase in the
number of shares of authorized common stock being sought at the
special meeting of stockholders on September 21, 2009. The revised
proposal would increase the total number of authorized shares of
the Company’s Common Stock, par value $0.01 per share, from 180
million to 350 million shares.
About CBL & Associates
Properties, Inc.
CBL is one of the largest and most active owners and developers
of malls and shopping centers in the United States. CBL owns, holds
interests in or manages 161 properties, including 89 regional
malls/open-air centers. The properties are located in 27 states and
total 86.8 million square feet including 2.7 million square feet of
non-owned shopping centers managed for third parties. CBL currently
has four projects under construction totaling 2.3 million square
feet including Settlers Ridge in Pittsburgh, PA; The Pavilion at
Port Orange in Port Orange, FL; The Promenade in D’Iberville
(Biloxi/Gulfport), MS; and one community center. Headquartered in
Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA,
Dallas, TX, and St. Louis, MO. Additional information can be found
at cblproperties.com.
Information included herein contains "forward-looking
statements" within the meaning of the federal securities laws. Such
statements are inherently subject to risks and uncertainties, many
of which cannot be predicted with accuracy and some of which might
not even be anticipated. Future events and actual events, financial
and otherwise, may differ materially from the events and results
discussed in the forward-looking statements. The reader is directed
to the Company's various filings with the Securities and Exchange
Commission, including without limitation the Company's Annual
Report on Form 10-K and the "Management's Discussion and Analysis
of Financial Condition and Results of Operations" incorporated by
reference therein, for a discussion of such risks and
uncertainties.
CBL and Associates Prope... (NYSE:CBL)
Historical Stock Chart
From Jun 2024 to Jul 2024
CBL and Associates Prope... (NYSE:CBL)
Historical Stock Chart
From Jul 2023 to Jul 2024