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BRIEF-Court says AER cannot acquire Black Sea until shareholder approval

Published 2015-12-11, 09:42 a/m
© Reuters.  BRIEF-Court says AER cannot acquire Black Sea until shareholder approval
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Dec 11 (Reuters) - Alternative Earth Resources Inc AER.V :
* Court decision on proposed AER acquisition of Black Sea
* Court ruled that co cannot complete acquisition of BSCG until deal is
approved by AER shareholders at a special meeting
* Says management of AER and BSCG shall meet to consider consequences of
decision of court, including a potential appeal
* AER & BSCG management will also consider whether proposed BSCG deal, set to
expire on December 18, will be allowed to terminate

* Source text for Eikon

* Further company coverage AER.V

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