Morgans Hotel Group Announces Results from Special Stockholders Meeting

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Morgans Hotel Group Announces Results from Special Stockholders Meeting
	Morgans Hotel Group Announces Results from Special Stockholders Meeting
Catégorie : Monde - Économie du secteur - Chiffres et études Ceci est un communiqué de presse sélectionné par notre comité éditorial et mis en ligne gratuitement le 29-01-2010 Morgans Hotel Group Co. (NASDAQ: MHGC) (“MHG”) announced the following results of its special meeting of stockholders held earlier today in New York City. Proposal 1. Stockholders approved the full exercise of warrants issued to an affiliate of The Yucaipa Companies, LLC (“Yucaipa”) in a transaction announced on October 15, 2009. For more information about this transaction please see MHG’s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 16, 2009. Proposal 2. Stockholders approved an amendment to MHG’s Amended and Restated 2007 Omnibus Incentive Plan to increase the number of shares reserved for issuance thereunder.