Loudeye Effects 1-for-10 Reverse Stock Split
Authored by dmw on May 23, 2006 - 7:18pm.
Seattle - Loudeye, a provider of branded digital music stores in Europe, announced on Tuesday that it has effected a one-for-ten reverse stock split, as part of its efforts to maintain compliance with Nasdaq listing requirements. After the split, Seattle-based Loudeye will have reduced its number of outstanding shares of common stock from 132.6 million to 13.3 million.
http://biz.yahoo.com/prnews/060523/sftu053.html?.v=55
http://www.loudeye.com
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