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05-Sep-06
10:45 PARL Parlux Fragrances stockholder requests approval to increase ownership interest (5.82 +0.29)
Co announces its Board of Directors had received a letter from Glenn Nussdorf advising that, as of August 28, 2006, he had acquired more than 5% of the co's outstanding common stock in the open market. Mr. Glenn Nussdorf and or his brother Stephen Nussdorfpropose to acquire additional shares which could exceed 15% and asked the Board to grant him Interested Stockholder Approval as defined in Section 203 of the Delaware General Corporation Law. A special meeting of PARL's Board of Directors was convened whereby it was agreed to grant the Nussdorfs Interested Stockholder Approval provided that the additional shares of common stock are not acquired directly from any members of PARL's Board of Directors.
اللاست 6.09
