Navigation Links
North American Insurance Leaders, Inc. Announces Results of the Annual Meeting of Stockholders
Date:3/25/2008

NEW YORK, March 25 /PRNewswire-FirstCall/ -- North American Insurance Leaders, Inc. (Amex: NAO), today announced that the holders of a majority of the common stock of NAO entitled to vote at the annual meeting of stockholders held today voted against the proposal to consummate a business combination, as presented in the NAO proxy statement dated January 31, 2008.

Since NAO will not be able to complete its proposed acquisition of the insurance businesses of Deep South Holding, L.P., the NAO Board of Directors is now considering alternatives that may be in the best interests of the NAO stockholders, including the adoption of a plan of dissolution and liquidation in accordance with applicable provisions of Delaware law.

About North American Insurance Leaders, Inc.

North American Insurance Leaders, Inc. is a special purpose acquisition corporation focused on acquiring businesses in the insurance or insurance related industry. NAO raised net proceeds of approximately $110 million through its initial public offering in March 2006. On August 10, 2007, NAO announced the signing of a definitive agreement to acquire the insurance businesses of Deep South Holding, L.P.


'/>"/>
SOURCE North American Insurance Leaders, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. North American Insurance Leaders, Inc. Receives an Estimate of Deep South 2007 Governing EBITDA
2. Evanston-Northwestern Study Proves Effectiveness of MRSA Screening to Reduce Hospital Infections
3. In Northern California Bald Women Get Their Heads Together
4. Cardiac Science to Present at the Seventh Annual Invest Northwest Conference
5. Northwestern Memorial Hospital, CAPS, and p4ps Host Consumer Forum to Advance Partnerships to Improve Healthcare Patient Safety
6. Accurays CyberKnife System Receives 2008 North American Medical Devices Product of the Year Award From Frost & Sullivan
7. California Small Business Association Condemns California Nurses Associations Decision to Call Prolonged Strike at Hospitals Throughout Northern California
8. Northwestern Mutual Is Americas Most Admired for an Unprecedented 25th Year
9. UT Southwestern surgeons complete North Texas first single-incision gallbladder removal
10. 5,000 Northern California Nurses to Vote to Authorize Third Strike Against Sutter Chain
11. Lauren Debrauwere Released from Northwestern Memorial Hospital
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2017)... ... ... 21 Middle East and South Asia Leaders Selected as Eisenhower Fellows , ... society in 11 countries across the Middle East and South Asia to embark on ... knowledge and ideas with the leading minds in their fields. , For the ...
(Date:6/23/2017)... (PRWEB) , ... June 23, 2017 , ... ... with Private Flood Insurance offerings. With the Federal Emergency Management Agency’s (FEMA) recent ... across the United States. In 2012, the Biggert-Waters Act was enacted to reflect ...
(Date:6/23/2017)... ... June 23, 2017 , ... The Katyl ... services to families and business owners in and around Lackawanna County, is joining ... citizens in the area. , Meals on Wheels of NEPA provides hand-delivered and ...
(Date:6/23/2017)... ... June 23, 2017 , ... Radabaugh & Associates, ... families and business owners in North Central West Virginia, is embarking on a ... differently abled residents in the region. , The Stepping Stones organization offers a ...
(Date:6/22/2017)... ... , ... Plastic Surgery Associates is proud to report that founding surgeon, Francisco ... and information firm, Castle Connolly, releases their list of the most notable and trusted ... time that Dr. Canales has been recognized by Castle Connolly. , ...
Breaking Medicine News(10 mins):
(Date:6/14/2017)... , June 14, 2017  ivWatch LLC, a ... effectiveness of intravenous (IV) therapy, is pleased to announce ... category of Nonsurgical Hospital Supplies and Equipment at the ... program for the medtech industry. The award was presented ... Jacob K. Javits Center in New York ...
(Date:6/13/2017)... Ind. , June 13, 2017 Zimmer Biomet ... musculoskeletal healthcare, today announced that the U.S. Food and Drug ... dated June 3, 2015 relating to its Zhejiang, ... "The successful clearance of the ... manufacturing facility is a measure of the progress ...
(Date:6/10/2017)... Burchfield, DPM, is recognized by Continental Who,s Who as a Pinnacle ... Alabama . Dr. Burchfield serves as a ... 20 years of experience, as well as expertise in the areas ... "The podiatry professional   ... welcome you to his practice," the company,s website states. "We want ...
Breaking Medicine Technology: