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Special Be, Inc. Shareholder Meeting scheduled for Nov. 12th

Filed under the:  department.
Posted by:Ryan on Tuesday, 09 Oct, 2001 @ 11:46 PM
 
Be Inc

Be has announced a special shareholder meeting on November 12th to vote on the sale of Be’s complete assets to the ECA Subsidiary Acquisition Company, a wholly owned Palm subsidiary, and then dissolving what remains of Be, Inc. In other words, this is the vote for how Be dies. Do they sell it all to palm where it may live on, or do they retain ownership, and go out of business, leaving their assets to be divided up and destroyed by creditors. My vote will go for Palm. The least I can do is let JLG pick the final resting place.

Read on for the full announcement. Discuss it here.

SAN JOSE, Calif., Oct 9, 2001 (BUSINESS WIRE) –

Be Incorporated
(Nasdaq:BEOS)
announced today that Palm Inc.’s Registration Statement on Form S-4,
containing
the prospectus/proxy statement relating to the sale of substantially all of
Be’s
intellectual property and other technology assets to ECA Subsidiary
Acquisition
Company, a wholly owned subsidiary of Palm, Inc. and the subsequent proposed
dissolution of Be, has been declared effective by the Securities and Exchange
Commission.

It is expected the prospectus/proxy statement will be mailed on or about
October
10, 2001 to Be stockholders of record on October 4, 2001. Upon receipt, the
stockholders of Be Incorporated are urged to read the prospectus/proxy
statement
and any other relevant documents filed with the Securities and Exchange
Commission(”SEC”) because they contain important information. As indicated in
the prospectus/proxy statement, the Be special stockholders meeting is
scheduled
for November 12, 2001.

Be stockholders may obtain the documents free of charge at the SEC’s web site,
http://www.sec.gov. In addition, documents filed by Be Incorporated with the
SEC
can be obtained by contacting Be Incorporated at the following address and
telephone number: Shareholder Relations, 800 El Camino Real, Menlo Park,
California 94025, telephone: (650)-462-4100.

Please read the prospectus/proxy statement carefully before making a decision
concerning the sale of Be assets to ECA Subsidiary Acquisition Company, a
wholly
owned subsidiary of Palm, Inc., and the dissolution of Be. Be, its officers,
directors, employees and agents may be soliciting proxies from Be stockholders
in connection with the asset sale. Information concerning the participants in
the solicitation is set forth in the prospectus/proxy statement.



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