NEWS - PM&E, Inc. Receives More Lucrative Offer For EVADA Aircraft
MARKET WIRE 11:04 AM ET 4/18/2017
CHEYENNE, WY -- (Marketwired) -- 04/18/17 -- Aircraft manufacturer PM&E, Inc.(PMEA) announced today that it has received a second and more attractive offer for the purchase of EVADA Aircraft.
CEO Joseph Bourne stated, "I will make this short and to the point. From day one, my intention has been to always look out for the best interest of our shareholders. Another existing publicly traded company has made a more lucrative and "safer" offer for EVADA Aircraft. We feel strongly that this new offer is in the best interest of all involved. This new offer will involve a share exchange at a higher price point than the original offer. As far as the issue of being a more safe transaction, I'll have more to share along those lines at a date in the near future. This is going to be a very nice premium for our shareholders vs where PMEA is trading currently. This new company operates as a holding company. It already has one business operating and EVADA Aircraft will become the second of three planned acquisitions. We look forward to sharing more about this transaction soon. Thank you for your support."
