RiskMetrics Supports GHL Acquisition's Transaction with Iridium
18 September 2009 - 6:00AM
PR Newswire (US)
- Recommends voting "FOR" all proposals at the special shareholder
meeting NEW YORK, Sept. 17 /PRNewswire-FirstCall/ -- GHL
Acquisition Corp. ("GHL Acquisition") (NYX: GHQ, GHQ.U and GHQ.WS)
today announced that RiskMetrics Group, the leading independent
proxy voting and corporate governance advisory firm, has supported
GHL Acquisition's proposed acquisition of Iridium Holdings LLC
("Iridium") by recommending that GHL Acquisition shareholders vote
"FOR" all proposals at the special shareholder meeting. The special
meeting of shareholders of GHL Acquisition to vote on the Iridium
acquisition is scheduled for September 23, 2009, and the proxy
statement describing the meeting has been mailed to holders of
record of GHL Acquisition common stock as of August 27, 2009.
MacKenzie Partners, Inc. is assisting GHL Acquisition with its
efforts to solicit proxies for the special meeting. If you have any
questions about voting or require assistance, please call MacKenzie
Partners toll-free at 800-322-2885 or email . About GHL Acquisition
Corp. GHL Acquisition is a special purpose acquisition company
launched in February 2008 in an initial public offering raising
$400 million of gross proceeds. Founded by Greenhill, GHL
Acquisition was formed for the purpose of acquiring, or acquiring
control of, through a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination, one or more businesses or assets. It currently has no
operating businesses. Forward-Looking Statements and Other
Disclosure This press release contains, and GHL Acquisition's
management may make, certain "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. The words "anticipates," "may," "can," "believes," "expects,"
"projects," "intends," "likely," "will," "to be" and other
expressions that are predictions of or indicate future events,
trends or prospects identify forward-looking statements. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of GHL Acquisition to differ materially
from any future results, performance or achievements expressed or
implied by such forward-looking statements. These risks and
uncertainties include, but are not limited to, uncertainties
regarding the timing of the proposed transaction with Iridium,
whether the transaction will be approved by GHL Acquisition's
stockholders, whether the closing conditions will be satisfied
(including receipt of regulatory approvals), as well as industry
and economic conditions, and competitive, legal, governmental and
technological factors. There is no assurance that GHL Acquisition's
expectations will be realized. If one or more of these risks or
uncertainties materialize, or if GHL Acquisition's underlying
assumptions prove incorrect, actual results may vary materially
from those expected, estimated or projected. GHL Acquisition's
forward-looking statements speak only as of the date of this press
release or as of the date they are made, and, except as required by
law, GHL Acquisition undertakes no obligation to update
forward-looking statements. This press release is for informational
purposes only and does not constitute an offer of any securities
for sale. Contact: James Babski GHL Acquisition Corp.
+1-212-372-4180 DATASOURCE: GHL Acquisition Corp. CONTACT: James
Babski of GHL Acquisition Corp., +1-212-372-4180,
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