February date for Creo meeting

Creo shareholders will be able to discuss the issues raised by dissident investor Goodwood and corporate turnaround veteran Robert Burton at a special meeting in three months' time.

The "requisitioned meeting", on 10 February 2005, will also consider the strategic alternatives developed for Creo by Merrill Lynch following its appointment by a special committee of Creo's board of directors.

 

Creo's AGM was already scheduled for 10 February.

 

"In light of the common business purpose for the annual and special meeting and the requisitioned meeting, the special committee determined that a single shareholders' meeting to consider each of these matters outlined in the requisition, as well as the formerly slated business, was appropriate and in the best interests of all Creo shareholders," said Creo director and chair of the special committee Ken Spencer.

 

Story by Barney Cox