Tarragon Announces Date for Annual Meeting of Stockholders
22 Febbraio 2008 - 12:58AM
Marketwired
NEW YORK, NY today announced that it will hold its Annual
Meeting of Stockholders on Thursday, May 1, 2008 at 4:00 p.m. EDT,
at its corporate headquarters located at 423 West 55th Street, 12th
Floor, New York, New York, 10019. The record date for stockholders
entitled to notice of and to vote at the Annual Meeting will be
March 10, 2008.
To be considered for inclusion in the Company's proxy materials
for the Annual Meeting, stockholder proposals must be received by
the Company in writing at 3100 Monticello Ave., Suite 200, Dallas,
Texas 75205 by the close of business on March 10, 2008, and
otherwise comply with all requirements of the Securities and
Exchange Commission for stockholder proposals. All proposals should
be addressed to the Company's corporate secretary at the foregoing
address.
On January 4, 2008 the Company received a notice of
noncompliance from the staff of NASDAQ Stock Market LLC ("NASDAQ"),
pursuant to NASDAQ Marketplace Rule 4350(e) and (g), due to the
Company's failure to hold its 2007 Annual Meeting of Stockholders
by December 31, 2007. This notice indicated that, due to such
noncompliance, the Company's common stock would be delisted from
NASDAQ unless the Company requested a hearing before the NASDAQ
Listing Qualifications Panel (the "Panel").
At a hearing before the Panel, held on February 21, 2008, the
Company requested that NASDAQ grant an exception to the Marketplace
Rules to allow the Company to solicit proxies and to convene a
joint 2007/2008 Annual Meeting of Stockholders according to the
schedule described above, at which time the Company expects that it
will have returned to full compliance with all applicable
Marketplace Rules. There can be no assurance that the Panel will
grant the Company's request. Pending the issuance of a decision by
the Panel, the Company's common stock will continue to be listed on
NASDAQ.
About Tarragon Corporation
Tarragon Corporation is a leading developer of multifamily
housing for rent and for sale. Tarragon's operations are
concentrated in the Northeast, Florida, Texas and Tennessee. To
learn more about Tarragon Corporation, visit:
www.tarragoncorp.com.
TARR - G
Contacts: Broadgate Consultants, LLC Alan H. Oshiki (212)
232-2222 Email Contact Tarragon Corporation William S. Friedman
(212) 949-5000 Email Contact
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