|
|
News Breaks
|
December 8, 2010
|
| 17:10 EDT |  | FORD |
| theflyonthewall.com: | Forward Industries acquires Flash Ventures | | Forward Industries announced that it has signed a Letter of Intent to acquire Flash Ventures. Flash Ventures has product distribution in more than 3,000 retail locations, including five of the top ten major retailers in the U.S., in addition to its online channels. The agreement includes an opportunity for Forward to acquire a mobile accessories product portfolio that caters to sports fans, alumni and students. Forward anticipates the transaction will result in a positive contribution to 2011 operations, following closing. The company will use commercially reasonable efforts to execute a definitive merger agreement as soon as feasible, subject to due diligence, necessary regulatory approvals, and other customary closing conditions, with closing anticipated by March 31, 2011. :theflyonthewall.com |
|
|
News For FORD From The Last 14 Days Check below for free stories on FORD the last two weeks.
| Sign up for a free trial to see the rest of the stories you've been missing. |
There are no results for these search parameters.
|
|
|
|
