XO Holdings, Inc. (OTCBB:XOHO) reached up 83.56% in morning trading to $1.34 with 1M shares traded. XO Holdings, Inc. (OTC.BB:XOHO - News) is a leading nationwide provider of advanced broadband communications services and solutions for businesses, enterprises, government, carriers and service providers. Its customers include more than half of the Fortune 500, in addition to leading cable companies, carriers, content providers and mobile network operators. Utilizing its unique combination of high-capacity nationwide and metro networks as well as broadband wireless capabilities, XO offers customers a broad range of managed voice, data and IP services with proven performance, scalability and value in more than 85 metropolitan markets across the United States. XO Holdings, Inc. ("XO Holdings" or the "Company") and ACF Industries Holding Corp., a Delaware corporation ("ACF"), today announced that they have signed an Agreement and Plan of Merger, dated as of July 11, 2011 (the "Merger Agreement") among the Company, ACF, Arnos Corp., a Delaware corporation ("Arnos"), Arnos Sub Corp., a Delaware corporation ("Arnos Sub"), High River Limited Partnership, a Delaware limited partnership ("High River"), Barberry Corp., a Delaware corporation ("Barberry" and together with ACF, Arnos, Arnos Sub and High River, collectively, the "Parent Group"), and XO Merger Corp., a Delaware corporation and a direct wholly-owned subsidiary of Parent Group ("Merger Sub"). Each member of Parent Group and Merger Sub are affiliates of Carl C. Icahn, the Chairman of the Company's Board of Directors and beneficial owner of approximately 91.76% of the combined voting power of the Company's outstanding shares of capital stock consisting of his beneficial ownership of 113,410,769 shares of the 182,075,165 outstanding shares of the Company's common stock, par value $0.01 (the "Company Common Stock") and 100% of the outstanding shares of the Class B and Class C preferred stock.
Simulated Environment Concepts (PINK:SMEV) reached up 54.55% in morning trading to $.0017 with 30M shares traded. Simulated Environment Concepts, Inc. is an industry leading manufacturer and developer of cutting edge medical, health and wellness equipment promoting relaxation, physical rehabilitation, weight loss, slimming and cellulite reduction. Simulated Environment Concepts (Pink Sheets:SMEV.pk - News) announced today that its flagship product, the SpaCapsule, has been incorporated into Neuroxcel's Comprehensive Activity-Based Strength Training program (C.A. S.T.) to assist with the rehabilitation of patients who have experienced Spinal Cord Injury (SCI), Strokes or other neurological disorders.
Easton Pharmaceuticals (PINK:EAPH) reached up 29.41% in morning trading to $.22 with 250K shares traded. Easton Pharmaceuticals is a specialty pharmaceutical company that designs, develops, and markets a premium array of topically-delivered therapeutic healthcare products, focused on skin and circulatory conditions that impact a large and expanding number of consumers including health issues related to male and female sexual dysfunction, scar and stretch marks, cellulite and varicose veins, the world market for these conditions is in excess of $10 billion. Easton Pharmaceuticals (Pinksheets:EAPH - News) announced today the company has retained BMV Medica S.A. de C.V. (BMV) a Mexican regulatory consultancy to begin the process of submitting applications to obtain regulatory approvals for its first product, VIORRA.
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