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LAC and its affiliates now own 104,281,414 shares of Luxell or approximately 77.22 percent of the outstanding shares of Luxell
February 26, 2009
By: DAVID SAVASTANO
Editor, Ink World Magazine
Luxell Technologies Inc. and Lux Acquisition Corporation jointly announced that 103,760,581 common shares of Luxell were validly deposited pursuant to LAC’s offer dated Jan. 15, 2009 to acquire all of the outstanding common shares of Luxell as of 5:00 p.m. (Toronto time) on Feb. 20, 2009, the expiry time for the offer. The shares deposited pursuant to the offer represent approximately 76.83% of the outstanding shares of Luxell not already owned by LAC. As the minimum deposit condition...
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