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Renounce |
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TO RENOUNCE. To give up a right; for example, an executor may renounce the
right of administering the estate of the testator; a widow the right to
administer to her intestate husband's estate.
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? References in periodicals archive |
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NASDAQ: CTTY; ASX: CAT), a leading provider of real-time recognition and reward software solutions, today announced that as a result of the volatility of global stock markets, the company and its underwriters in Australia have terminated the one-for-eight renounceable Rights Offering announced on June 27, 2002. NASDAQ: CTTY; ASX: CAT) today announced a fully underwritten one-for-eight renounceable Rights Offer of shares of common stock at AUD $5. To fund its expansion plans HTA completed a renounceable rights issue in June which raised cash of approximately A$700 million for the company. |
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