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Latitude 360 Signs Definitive Agreement for Merger with Public Company
50 minutes ago - BusinessWire via Dow Jones News
JACKSONVILLE, Fla.--(BUSINESS WIRE)--April 09, 2014-- Latitude 360, an award-winning, full-service premier casual restaurant/entertainment venue operator with state-of-the-art full-service dining and entertainment venues, today announced the signing of a definitive merger agreement with publicly traded entity, Kingdom Koncrete, Inc. (OTC QB: KGKO) whereby Latitude 360 will merge with and into a wholly owned subsidiary of Kingdom Koncrete, with Latitude 360 continuing as the surviving corporation. The transaction is expected to be completed on or before May 2, 2014. In conjunction with the transaction, Latitude 360 will apply for a stock ticker symbol change to "LATX". Subsequent to closing, Latitude will initially trade on the OTC Exchange under the symbol KGKO. The company has retained New York City based Investment bank and NYSE member firm, Wellington Shields to assist in the completion of this transaction.
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