Corporate Universe, Inc. (COUV) In Talks to Acquire Tactician University (VCTY)
South Setauket, NY, October 8, 2010 -- Corporate Universe, Inc. (COUV; www.corp-universe.com/index.html) is pleased to announce that the company is looking to purchase Videolocity International, Inc.’s (VCTY; www.videointernationalcorp.com/) subsidiary
Tactician University.
Tactician University (www.tcgedu.com/index.asp) is a progressive Chinese think tank, management education and consulting firm. Tactician's business management consulting programs focus on financial management, project management and human resources, while government management programs provide administrative training to Chinese government officers. The University also offers career guidance, job-training, ethics, foreign language, pre-Masters and PhD prep training to college students.
COUV offers guidance in mergers & acquisitions and reverse takeovers, along with extensive expertise in the regulatory processes to access capital markets. The company employs a consultative approach to M&A, working closely with strategic partners to develop and execute funding strategies to accelerate growth.
COUV is looking to acquire Tactician University on an all-cash basis. COUV seeks to expand domestically and into the Asian markets, and the purchase of Tactician would allow for this. COUV management is impressed with Tactician’s track record of success, and sees a great addition and potential in Tactician University’s business model for COUV.
Both issuers management are of the opinion that this is a significant event that requires notice to the public and the issuers followers.
COUV and VCTY will keep investors posted as more details unfold.
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