BIDZ.COM Extends Deadline for Merger Closing
October 04 2012 - 4:00PM
As previously announced, on September 27, 2012, BIDZ.com, Inc.
(Nasdaq:BIDZ), a leading online retailer of jewelry, held its
annual meeting of stockholders. At the annual meeting, each
proposal presented at the annual meeting was approved by the
required vote of Bidz.com stockholders, including the adoption of
the merger agreement with Glendon Group, Inc. As previously
announced, each condition to Glendon Group's obligation to close
the merger has been satisfied.
On October 4, 2012, BIDZ announced that it has agreed to extend
the deadline for Glendon Group to close the merger for an
additional five business days until October 10, 2012.
About Bidz.com
Bidz.com, founded in 1998, is a leading online retailer of
jewelry. Bidz offers its products through a live auction format as
well as a fixed price online retail store, Buyz.com. Bidz also
operates Modnique.com, a division of Bidz.com, a flash sale
shopping website, offering authentic premium brand name
merchandise. Modnique offers its members exclusive access to 24-72
hour sales events on designer apparel, accessories, shoes, and
housewares and much more at price points up to 85% below
traditional retail prices.
CONTACT: Bidz.com, Inc.
Tawnia Suggs
Investor Relations
tsuggs@bidz.com
Bidz.Com, Inc. (MM) (NASDAQ:BIDZ)
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