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	<title>Comments on: Convera and the Bureau of National Affairs</title>
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	<link>http://arnoldit.com/wordpress/2009/08/22/convera-and-the-bureau-of-national-affairs/</link>
	<description>by Stephen E. Arnold</description>
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		<title>By: Dave Kellogg</title>
		<link>http://arnoldit.com/wordpress/2009/08/22/convera-and-the-bureau-of-national-affairs/comment-page-1/#comment-65456</link>
		<dc:creator>Dave Kellogg</dc:creator>
		<pubDate>Sun, 23 Aug 2009 17:02:56 +0000</pubDate>
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		<description>Perhaps shooting star would have been a better metaphor.  As in crater.  As in meteor.  I wonder why people say &quot;meteoric rise&quot; when meteors fall.)

See here:  http://biz.yahoo.com/e/090604/cnvr8-k.html

On May 29, 2009, Convera&#039;s board of directors adopted a Plan of Dissolution and Liquidation (the &quot;Plan&quot;), which sets forth the terms of the dissolution of Convera. During a three-year winding-up period, to be triggered by the filing of a certificate of dissolution, Convera will pay, or make provision to pay, all debts and other claims against it, wind up any litigation, liquidate its assets and, as funds become available that will not be required to pay any valid claims, make distributions to stockholders. Once the Plan is approved by Convera&#039;s stockholders, it will become effective and Convera can take the following actions at such times as the Convera boards determines: (i) filing a certificate of dissolution with the Delaware Secretary of State; (ii) ceasing conducting normal business operations, except as may be required to sell its remaining assets and wind up its business affairs; (iii) taking all actions required or permitted under the dissolution procedures of DGCL Section 281(b);</description>
		<content:encoded><![CDATA[<p>Perhaps shooting star would have been a better metaphor.  As in crater.  As in meteor.  I wonder why people say &#8220;meteoric rise&#8221; when meteors fall.)</p>
<p>See here:  <a href="http://biz.yahoo.com/e/090604/cnvr8-k.html" rel="nofollow">http://biz.yahoo.com/e/090604/cnvr8-k.html</a></p>
<p>On May 29, 2009, Convera&#8217;s board of directors adopted a Plan of Dissolution and Liquidation (the &#8220;Plan&#8221;), which sets forth the terms of the dissolution of Convera. During a three-year winding-up period, to be triggered by the filing of a certificate of dissolution, Convera will pay, or make provision to pay, all debts and other claims against it, wind up any litigation, liquidate its assets and, as funds become available that will not be required to pay any valid claims, make distributions to stockholders. Once the Plan is approved by Convera&#8217;s stockholders, it will become effective and Convera can take the following actions at such times as the Convera boards determines: (i) filing a certificate of dissolution with the Delaware Secretary of State; (ii) ceasing conducting normal business operations, except as may be required to sell its remaining assets and wind up its business affairs; (iii) taking all actions required or permitted under the dissolution procedures of DGCL Section 281(b);</p>
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