Brief: Global Brokerage, Inc. Receives Approximately 78.5% Yes Votes To Move Forward With The Prepackaged Plan Of Reorganization

Global Brokerage

12/12/2017 24:58

Dec 11 (Reuters) - Global Brokerage Inc  GLBR.O : 
    * GLOBAL BROKERAGE, INC. RECEIVES APPROXIMATELY 78.5% YES 
VOTES TO 
MOVE FORWARD WITH THE PREPACKAGED PLAN OF REORGANIZATION 
    * BANKRUPTCY CASE IS EXPECTED TO TAKE NO LONGER THAN SIXTY 
DAYS; 
ALL VOTING CREDITORS VOTED IN FAVOR OF PLAN 
    * GLOBAL BROKERAGE - FILED A VOLUNTARY PETITION FOR 
REORGANIZATION 
UNDER CHAPTER 11 OF BANKRUPTCY CODE IN UNITED STATES BANKRUPTCY 
COURT 
    * BANKRUPTCY CASE IS EXPECTED TO TAKE NO LONGER THAN SIXTY 
DAYS 
 
Source text for Eikon:  ID:nGNXOJWVYa  
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