CNH Global N.V. (ADR) (NYSE:CNH)

CAPS Rating: 4 out of 5

A full-line company deals in both the agricultural and construction equipment industries in most geographic and product categories in both agricultural and construction equipment.


Player Avatar InsaneUnknown (85.67) Submitted: 12/3/2012 4:56:13 AM : Outperform Start Price: $39.55 CNH Score: -18.96

CNH Announces Extraordinary General Meeting
12:46p ET November 30, 2012 (Market Wire)
The Board of Directors of CNH Global N.V. (NYSE: CNH) will hold an Extraordinary General Meeting (the "Meeting") of Shareholders at 5:00 p.m. CET on Monday, December 17, 2012 at the offices of the Company in the World Trade Center Amsterdam Airport, 10th Floor, Tower B, Schiphol Boulevard 217, 1118 BH Schiphol Airport, The Netherlands.

Shareholders will be asked to vote on four proposals: the payment of an extraordinary dividend to Company shareholders in the amount of US$ 10/share; amendments to the Company's Articles of Association to facilitate the payment of the dividend consistent with the Merger Agreement recently signed by the Company and Fiat Industrial S.p.A.; with respect to the dividend process, the allocation of part of CNH's reserves to special separate reserves; and ratification of the compensation to be paid to the members of the Special Committee. The Company's Board of Directors has approved these proposals and recommends the Company's shareholders approve such proposals.

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