Is Ross Systems Up To A Hat Trick? P.J. Jakovljevic - May 22, 2001
Event Summary
On April 27, Ross Systems, Inc. (NASDAQ: ROSS), a provider of ERP and e-business solutions for mid-market process manufacturers, announced that it would effect a 1-for-10 reverse stock split of its outstanding shares, approved by the majority vote of its shareholders. The Company's NASDAQ symbol, which was 'ROSS,' has been temporarily changed to 'ROSSD' to signal to shareholders and the public that the Company has implemented a reverse stock split...
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