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StockonHighalert1

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StockonHighalert1

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Monday, 10/23/2017 8:40:34 AM

Monday, October 23, 2017 8:40:34 AM

Post# of 10358
$CETX News: Farmingdale, NY, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Cemtrex, Inc. (Nasdaq: CETX, CETXP, CETXW) today announced a revised exchange offer, valued substantially higher at $11 per share, to acquire Key Tronic Corporation (Nasdaq: KTCC) by offering to exchange each outstanding share of Key Tronic common stock for one series 2 unit consisting of (i) one $10 4% debenture due 2024 and (ii) one third (1/3rd) share of Cemtrex common stock. The purpose of the offer is for Cemtrex to acquire control of, and ultimately the entire interest in Key Tronic.

http://fasterstocknews.blogspot.com/2017/10/cetx-cemtrex-announces-revised-exchange.html
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