BOCA RATON, FL Janus Hotels and Resorts said it will hold a special shareholders meeting on March 15, 2001 to consider a proposal to cash-out stockholders holding fewer than 100 shares of the company s common stock. The cash-out proposal has two objectives first to provide small lot shareholders with liquidity, and second to relieve Janus of the expense of servicing the small shareholder accounts. If approved, the cash-out will be employed through a one-for-100, and a 100-for-one, back-to-back stock split. (1/2/01) Source: Hotel News Resource
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