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United States

Gleacher & Company Inc (GLCH.PK)

GLCH.PK on OTC Markets Group

0.65USD
15 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Gleacher & Co reports fifth liquidating distribution
Friday, 7 Jul 2017 07:30am EDT 

July 7 (Reuters) - Gleacher & Company Inc ::Gleacher & Company - board has determined to make fifth liquidating distribution to co's stockholders in amount of $0.80 per share of co's common stock.Gleacher & Company Inc - anticipates that payment date of fifth liquidating distribution will be on or about July 26, 2017.Gleacher & Company - has determined to seek from delaware chancery court extension of period during which co may wind up affairs under Delaware general corporation law.  Full Article

BRIEF-Gleacher & Company announces extension of wind up period

* Gleacher & Company - ‍court granted co extension of period during which co may wind up affairs under Delaware General Corp Law through Dec 31, 2018​ Source text for Eikon: Further company coverage: